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Business
2:00 am
Thu February 9, 2012

The Last Word In Business

Renee Montagne has the Last Word in business.

Business
2:00 am
Thu February 9, 2012

Greek Leaders Fail To Reach Debt Overhaul Deal

Transcript

(SOUNDBITE OF MUSIC)

STEVE INSKEEP, HOST:

NPR's business news starts with an austerity deal for Greece.

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Crisis In The Housing Market
10:01 pm
Wed February 8, 2012

Potential Conflicts At Freddie Mac Draw Scrutiny

Credit Chip Somodevilla / Getty Images
In December, Freddie Mac CEO Charles Haldeman (from left), FHFA acting Director Edward DeMarco and Fannie Mae CEO Michael Williams testified on Capitol Hill about the Federal Housing Finance Agency's performance.

A federal Inspector General's office confirmed Wednesday it is looking into Freddie Mac investments that act as bets against homeowners being able to refinance.

In addition, U.S. senators are expected to probe Freddie Mac's investment practices at a hearing on Capitol Hill on Thursday.

Freddie Mac, based in northern Virginia, is the taxpayer-owned mortgage giant whose public mission is to make homeownership more affordable for Americans.

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Middle East
10:01 pm
Wed February 8, 2012

What Do Democracy Promoters Actually Do?

American lawmakers are furious with a mounting diplomatic crisis in Egypt, where dozens of nongovernmental workers, including 19 Americans, could face trial.

The United States says Egypt needs to let pro-democracy groups continue their work to help the country's transition, but Egypt accuses them of operating illegally.

The work of democracy promotion groups have raised suspicions in many countries, but Lorne Craner, who runs the International Republican Institute, says he's never seen anything like what's going on now in Egypt.

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Around the Nation
10:01 pm
Wed February 8, 2012

Arizona Lawmakers Target Public Workers' Unions

Labor unions are scheduled to rally in front of the Arizona State Capitol Thursday afternoon to protest four bills quickly moving through the state legislature that could make last year's Wisconsin labor laws look modest by comparison.

Three of the four bills restrict the way unions collect dues and the way workers get paid for union activities. The fourth bans collective bargaining between governments and government workers: state and local. Unlike Wisconsin, it affects all government employees, including police and firefighters.

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