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Business
4:54 pm
Thu August 1, 2013

Private Equity Fund Eyes The Business Of Pot

A cannabis leaf
Bolotov Paul iStockphoto.com

Originally published on Thu August 1, 2013 9:40 pm

A couple of guys with serious investment banking experience are moving into the marijuana business. They've launched the first multimillion-dollar private equity fund devoted entirely to what they like to call the "cannabis space."

It started when Brendan Kennedy was working at the Silicon Valley Bank and learned of an entrepreneur who wanted to sell software for marijuana dispensaries. The idea piqued Kennedy's interest. A few days later, a radio show about legalizing pot piqued it even more.

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Law
4:54 pm
Thu August 1, 2013

Former Goldman Sachs Trader Found Liable For Fraud

Originally published on Thu August 1, 2013 5:48 pm

Transcript

AUDIE CORNISH, HOST:

You're listening to ALL THINGS CONSIDERED from NPR News.

In New York City today, a victory for the Securities and Exchange Commission: A federal jury held former Goldman Sachs trader Fabrice Tourre liable on six of the seven counts against him. The SEC had accused Tourre of intentionally misleading investors about a mortgage-backed security just as the housing sector was beginning to collapse. The investment created huge losses.

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NPR Story
4:54 pm
Thu August 1, 2013

Hawaii Homeless Initiative Would Send Some Back To Mainland

A homeless man collects cans on Waikiki Beach in 2010 in Honolulu. Under a new pilot program, some homeless people will get help from the state to reunite with relatives on the mainland.
Marco Garcia AP

Originally published on Thu August 1, 2013 7:07 pm

A new homeless initiative in Hawaii is raising some eyebrows, and the department in charge of implementing it has concerns of its own.

As part of a larger housing bill in July, the state Legislature approved $100,000 per year for a three-year pilot project that would help get some homeless people off the island and back to their families on the mainland. Participants must leave voluntarily.

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Europe
4:54 pm
Thu August 1, 2013

Italian High Court Confirms Berlusconi's Conviction

Originally published on Thu August 1, 2013 5:48 pm

Italy's top court has upheld a conviction and prison term for Italy's most prominent politician, former Prime Minister Silvio Berlusconi, on charges of tax fraud. This the first time he has been definitively convicted, after 20 years in which he was accused of multiple transgressions. However, the supreme court will now reconsider the law that would bar him from holding high office because of the conviction. This could allow the shaky coalition that governs Italy to remain in place.

Africa
4:54 pm
Thu August 1, 2013

Morsi Supporters Stage Sit-Ins In Cairo As Tensions Rise

Originally published on Thu August 1, 2013 5:48 pm

Tensions are growing among the thousands of pro-Morsi supporters camped out around a mosque in eastern Cairo. The government has ordered the protesters to disperse, sparking fears of fresh bloodshed.

Latin America
4:54 pm
Thu August 1, 2013

After Drug Policies Fail, Uruguay Tries Grand Pot Experiment

Originally published on Thu August 1, 2013 5:48 pm

In the tiny South American nation of Uruguay, it's long been legal to smoke one's own homegrown marijuana. Now the government is getting close to putting the government in charge of producing and selling the nation's pot.

National Security
4:54 pm
Thu August 1, 2013

NSA Leaker Snowden Granted One-Year Asylum In Russia

Originally published on Thu August 1, 2013 9:39 pm

Edward Snowden has been granted asylum for up to one year by Russia and has left the transit zone at Moscow's airport where he was holed up for more than a month. The Russian government says a condition for his amnesty is that he not reveal any more information that will damage the United States.

The Two-Way
4:21 pm
Thu August 1, 2013

Former Goldman Trader Found Liable For Billion-Dollar Fraud

Former Goldman Sachs trader Fabrice Tourre walks to a federal court in Manhattan with his attorneys Thursday. A jury found Tourre liable in a massive securities fraud case.
Richard Drew AP

Originally published on Thu August 1, 2013 4:59 pm

A federal jury in New York City has found that Fabrice Tourre, the former Goldman Sachs trader who regulators say caused investors to lose $1 billion, is liable in the mortgage securities fraud case filed against him by the Securities and Exchange Commission.

Regulators say Tourre, 34, a native of France who was nicknamed "Fab" in his office, packaged toxic subprime mortgages into a collateralized debt obligation that was sold to investors under the name Abacus in 2007.

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Shots - Health News
4:13 pm
Thu August 1, 2013

Victims Of Bullying Are More Likely To Be Arrested As Adults

Children who are bullied over time are more apt to struggle as adults.
iStockphoto.com

Originally published on Mon August 5, 2013 3:48 pm

You'd expect bullies to grow up to get in trouble with the law.

But children who are consistently bullied also are more likely to run afoul of the law as adults, including being arrested and jailed.

Almost 14 percent of people who said they were bullied repeatedly in childhood and their teens had been in prison, compared to 6 percent of people who weren't bullied, according to a study.

Women who were repeatedly bullied before age 18 were more likely to use alcohol or drugs than men, and also more likely to be arrested and incarcerated.

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The Salt
4:11 pm
Thu August 1, 2013

Move Over, Dippin' Dots: 5 Futuristic Ice Creams

Wikipearl ice cream doesn't require plastic packaging because it is contained in edible skin.
Agence VFC Relations Publics

Originally published on Fri August 2, 2013 3:01 pm

When Dippin' Dots emerged in 1987 with the slogan "Ice Cream of the Future," its liquid nitrogen-blasted pellets seemed about as cutting edge as ice cream could get.

But ice cream has come a long way since then. Now, ice cream revolutionaries are updating our notions of ice cream texture and flavor with bioengineering and sheer chutzpah. Welcome to the new future of ice cream.

Lunar Ice Cream

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