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Business
2:00 am
Wed March 7, 2012

Stanford Convicted In $7 Billion Ponzi Scheme

In Houston Tuesday, a federal jury convicted Texas financier R. Allen Stanford of running a massive Ponzi scheme. Jurors agreed with prosecutors, who claimed he ran a global scheme that lasted more than 20 years and involved more than $7 billion in investments.

Business
2:00 am
Wed March 7, 2012

Lehman Exits Chapter 11, To Pay Creditors

When Lehman Brothers collapsed in 2008, it was the largest bankruptcy in U.S. history. More than three years later, Lehman is emerging from Chapter 11. The firm is really just back in business to liquidate itself. Lehman has about $65 billion in assets that it intends to distribute among its many creditors starting next month.

Business
2:00 am
Wed March 7, 2012

The Last Word In Business

Originally published on Wed March 7, 2012 5:10 am

Transcript

RENEE MONTAGNE, HOST:

And our last word in business today is: culinary frontiers.

When companies come into foreign markets, they often devise products that reflect local tastes - kosher Big Macs in Israel, for instance. So with Dunkin Donuts aiming to nearly double its outlets in China, it has come up with pork donuts.

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Election 2012
2:00 am
Wed March 7, 2012

3 GOP Candidates Split Super Tuesday Wins

Mitt Romney won six of the 10 Super Tuesday contests. Rick Santorum won three while Newt Gingrich won one. Ron Paul was the only candidate who did not win at least one contest.

It's All Politics
10:50 pm
Tue March 6, 2012

In Ohio, Kaptur Beats Kucinich; Schmidt Upset By Wenstrup

Rep. Dennis Kucinich thanks his wife Elizabeth during his concession speech, Cleveland, OH, Tuesday, March 6, 2012.
Amy Sancetta AP

The race between two veteran Ohio Democrats, Rep. Marcy Kaptur and Rep. Dennis Kucinich who were redistricted into the same congressional district ended badly for Kucinich who lost to his fellow House Democrat.

Meanwhile, the House Republican Conference will lose Rep. Jean Schmidt, who was defeated by Brad Wenstrup, a podiatrist and Iraq War veteran, in an upset.

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