SEC Sues Goldman Sachs; Icelandic Volcano Kicks European Ash; the Agenda

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Monday, April 19, 2010

Civil suit brought against Goldman Sachs alleging knowing fraud during housing crisis; Eyjafjallajökull continues blanketing European airspace with ash; the week's Agenda; when adoptions don't work out; Supreme Court to hear case about exclusionary groups seeking official recognition and funding on a public university campus; human trafficking in Afghanistan.

Top of the Hour: Gordon Gekko and Goldman Sachs, This Morning's Headlines

Gordon Gekko was the greed-loving character from "Wall Street" everyone loved to hate; does America finally have it's Gordon Gekko? And this morning's headlines.

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SEC Brings Fraud Suit Against Goldman Sachs

On Friday the Securities and Exchange Commission announced a civil suit against Wall Street giant Goldman Sachs, after uncovering what the SEC calls significant evidence of fraud during the run-up to the current financial crisis.

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Takeouts: Preview of the Legislative Week Ahead, NBA Playoffs

  • Washington Takeout: Takeaway Washington correspondent Todd Zwillich joins us with a look at what the legislative week has in store for us, up on Capitol Hill.
  • Sports Takeout:  Takeaway Sports correspondent Ibrahim Abdul-Matin recaps the first games of the NBA playoffs. He says there might just be an upset brewing. 

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This Week's Agenda: Ash Paralyzes Europe, 'American Idiot' Opens on Broadway

We take look at what's ahead this week, with Marcus Mabry of The New York Times and Latoya Peterson editor of the blog, Racialicious. Volcanic ash continues to keep most European flights grounded affecting attendance at everything from the Major Economies Forum on Energy and Climate to the Tribeca Film Festival, both of which take place this week. Meanwhile, Washington is still buzzing about the Iran memo sent by Defense Secretary Robert Gates. And in cultural news, Wanda Sykes' show is up for renewal and Green Days' "American Idiot" opens on Broadway.

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British Government Uses War Ships to Ferry Stranded Passengers

Travellers caught up in the air transport chaos in Europe caused by a cloud of volcanic ash from an Icelandic volcano are going to extraordinary measures to get home. British travelers trying to get to the U.K. will soon get help from an unlikely source: The British Government has announced that two major war ships will come to the rescue for stranded British nationals in Spain.

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Should a Parent be Allowed to Return an Adopted Child?

A Tennessee woman who returned her adopted child to Russia is causing a diplomatic crisis. We talk about how it feels to be rejected as an adopted child with Orlando Modeno, a man who lived through the experience when he was only a boy. We also talk with Lisa Belkin, Motherlod blogger for our partner the New York Times

We started the conversation early on this, and want to know what you think: Should a parent be allowed to return a child?

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Top of the Hour: Unfriendly Skies in Iceland; This Morning's Headlines

Iceland's volcano continues to disrupt and delay travel for passengers across Europe; and this morning's headlines. 

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Ash Cloud's Economic Fallout Reverberates Throughout Globe

Four hundred tons of flowers sat rotting in the cold room of an airport in Kenya over the weekend, waiting to be shipped to Europe. These flowers are among the first collateral damage of the Icelandic ash cloud which has turned most of Europe's airspace into a no-fly zone and delayed travel for some 6.8 million people.

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Takeouts: Traveling on the Ground, Listeners on the Icelandic Volcano's Global Reach

  • Travel Takeout: Over sixty thousand flights have been canceled in the past four days, leaving hundreds of thousand people in Europe devising alternative travel plans. Seth Stevenson, author of "Grounded: A Down to Earth Journey Around the World" looks at their ground travel options.
  • Listener Takeout: By phone, on Twitter, via email and posted on our website, Takeaway Listeners told us about the global reach of the Icelandic volcano's disruptive plumes.

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Supreme Court to Consider Discriminatory Student Group at Public University

Can a public university deny funding to a Christian student group if the group refuses to allow gay students to vote or take on leadership roles? That's the question being asked in the case coming before the U.S. Supreme Court: Christian Legal Society v. Martinez. In the case, the University of California's Hastings College of the Law's chapter of the Christian Legal Society was told it would be not recognized by the school if it did allow gay members to join, vote and take on leadership roles in the group. CLS is suing the school in a First Amendment case that goes before the Supreme Court on Monday.

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Poll: World Likes US Better

A BBC World Service poll has found that the global view of the United States has improved significantly in the last year. More than 29,000 people across the world were asked whether they thought the influence of different countries was either mostly positive or mostly negative. It's the first time in five years that the U.S. has been viewed positively since the poll began in 2005.

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A Disturbing Practice Re-emerges in Afghanistan

Hundreds of boys in war-torn Afghanistan are being sexually abused with the return of a centuries-old practice called "bacha bazi," which means "boy play." The illegal practice, banned while the Taliban were in power, trains boys as young as eleven to sing, dance, and dress as women. After seeing the boys perform, former warlords and powerful businessmen buy the boys, and frequently use them as sex slaves.

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Stranded Thinkers Hold Impromptu Conference in London

Among the passengers stranded by the volcanic ash wreaking havoc on European air travel were a group of geek philosophers from all over the world, in London for a forum on social entrepreneurship. One of them decided to capitalize on the chaos and he setup an impromptu conference under the banner of the TED conference of ideas: TEDxVolcano.

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Remembering Dede Allen with WNYC's Sara Fishko

Film Editor Dede Allen, who worked on classic films like "The Hustler," "Serpico," and "Little Big Man," has died at the age of 86 after suffering from a stroke. Starting as a messenger for Columbia Pictures as a young woman, Allen went on to become renowned for her work, and was the first editor to receive sole credit for a film: 1967's Bonnie and Clyde. WNYC's culture producer Sara Fishko, who was once a film editor herself, tells us more. 

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