Who Will Pay

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Friday, December 23, 2011

Bank of America has agreed to pay over $300 million dollars to settle allegations that its mortgage lending unit Countrywide Financial discriminated against black and Hispanic borrowers during the housing boom. A representative of the Neighborhood Economic Development Advocacy Project (NEDAP) discusses whether the settlement actually settles the score for many affected lenders; a look at the Iraq war in a historical context with Richard Betts; a conversation about giving a book as a gift in the age of the e-reader with New York Times reporter Julie Bosman; and the cultural rivalry between the Giants and the Jets.

Paying for Countrywide's Discrimination

Bank of America has agreed to pay $335 million to settle allegations of racially discriminatory lending practices by Bank of America owned Countrywide. Josh Zinner, co-director of the Neighborhood Economic Development Advocacy Project (NEDAP), joins us to discuss the settlement.  

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Tax Inequality

In a recent NYT Op-Ed, economists Aaron Edlin of UC Berkeley and Yale's Ian Ayres propose to combat inequality with a tax that would automatically kick in when gap between the median income and the top 1% widens.  Aaron Edlin is a co-editor of the new book, Economists' Voice: Top Economists Take On Today's Problems (Columbia University Press, 2011) and Ian Ayres blogs for Freakonomics.

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The Gift of Books

Julie Bosman, New York Times reporter who covers the book publishing industry, discusses how e-book sales compare to physical book sales this holiday season - and if giving an e-book has the same impact as giving a physical one. 

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The Iraq War is History

Richard Betts, director of the Saltzman Institute of War and Peace Studies at Columbia University, adjunct senior fellow at the Council on Foreign Relations and author of American Force: Dangers, Delusions, and Dilemmas in National Security, places the Iraq War in historical context and looks at other national security issues. 

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Extended Payroll Tax Cut

Washington correspondent for The Takeaway, Todd Zwillich, discusses the Republicans' agreement  to extend payroll tax cuts.

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Jets vs. Giants Culture

Former New York Times sportswriter Gerald Eskenazi, author of Gang Green: An Irreverent Look Behind the Scenes at Thirty-Eight (Well, Thirty-Seven) Seasons of New York Jets Football Futility, discusses the differences between Jets and Giants culture - from the locker room to the stands. 

Comments [10]

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