President Obama won the Nobel Peace Prize early this morning for “his extraordinary efforts to strengthen international diplomacy and cooperation between peoples,” according to the Nobel Committee in Oslo. We take a look at the significance of this and a look back at the history of the prestigious award with Professor Paul Martin, director of Human Rights Studies at Barnard College, the BBC's Lars Bevanger reporting from Oslo, and New York Times reporter Alan Cowell.

Our Washington correspondent, Todd Zwillich, gives us an initial read on President Obama's Nobel Peace Prize win from D.C.

When lenders Fannie Mae and Freddie Mac collapsed, the little-known Federal Housing Agency stepped in to fill the void for lenders. But now the FHA is facing a financial crisis of its own, and that has some analysts wondering if the FHA will soon need its own bailout. The Takeway talks to finance reporter Louise Story to find out more.

Takeaway sports contributor Ibrahim Abdul-Matin reviews the week's baseball games and looks ahead to the weekend's college football games.

Marco Reininger, specialist in the New York Army Reserve and veteran of the war in Afghanistan, joins us as we review our listeners' responses to the ongoing war there.

Femi Oke talks with Gail King, Ms. New York Senior 2009 and newly-crowned Ms. Senior America 2009, in our studio. King is a twenty-year cancer survivor, has a masters degree from Stony Brook University and taught high school English for 35 years.

We continue our discussion about President Obama's Nobel Peace Prize win. With us this morning is Paul Martin, professor and director of Human Rights studies at Barnard College at Columbia University. We also talk with 2004 Nobel Peace Prize winner Wangari Maathai for an international take on this surprise win.

Taking a closer look at how the decision was made for President Obama to win the Nobel Peace Prize, we talk again with Paul Martin, professor and director for Human Rights Studies at Barnard Colleage at Columbia University. We also talk with John Bolton, former U.S. Ambassador to the U.N., who served under President George W. Bush.

Hans Blix, former head of the IAEA (International Atomic Energy Agency), reacts to President Barack Obama's Nobel Peace Prize win.

Riots broke out in Detroit this week, when tens of thousands of residents lined up to apply for federal help to pay their rent, mortgages and utilities. We'll hear from the former police commander of the precinct where the mayhem happened, Gary Brown, who is running for the Detroit City Council, and Cheryl Johnson, CEO of the Coalition for Temporary Shelter, who was also on the scene. We'll also hear from Andrew Stettner, a deputy director for the National Employment Law Project, to see how this incident fits into the national economic picture.

As we've been marking the eighth anniversary of the war in Afghanistan, we've found that people can think about the war in vastly different ways, depending on how close they are. We hear from those who've served, those who see the soldiers return, and even those for whom the war is far from their minds.

Customers and stylists at Ambiance Hair and Spa in Brooklyn, NY answer the question: is there such a thing as "good hair"?

Chris Rock’s new documentary, “Good Hair,” will be released nationwide today. It explores issues about black women’s hair – from self-perceptions about texture to the origins of hair used in weaves. What is good hair? Is there such a thing? We ask Noliwe Rooks, director of Princeton's Center for African American Studies, and Marvet Britto, an entertainment executive and weave-enthusiast, who appears in Rock’s film.

President Barack Obama has won the 2009 Nobel Peace Prize for “his extraordinary efforts to strengthen international diplomacy and cooperation between peoples,” according to the Nobel Committee in Oslo. We talk with the BBC's Lars Bevanger in Oslo, presidential historian Douglas Brinkley and New York Times correspondent Sheryl Gay Stolberg for their reactions.