NPR 2012-05-16

 JP Morgan’s Jamie Dimon will remain chairman of the board, despite the bank’s $2 billion trading loss. Shareholders¹ are also endorsing² Dimon’s pay package from last year, which totaled $23 million. But despite the loss, the bank is still expected to outperform expectations. The annual shareholders meeting in Tampa wrapped up before the White House announced the Security and Exchange Commission would investigate the JP Morgan incident.

 

 

Dimon may have to answer tough questions though from Congress. NPR’s David Welna reports a prominent republican senator wants to hold hearing on the * deal. Batch 

Tennessee republican senator Bob Corker says JP Morgan’s bad bet on corporate³ debt is real life case for him and his colleagues to examine as regulators finish writing rules on what banks can and cannot invest in. Corker is on the banking⁴ committee which now plans to hold a hearing on the JP Morgan fiasco(惨败).

"There is * outcome here, and it’s going to be swift *, and I just think it’s our responsibility to aid in coming to a proper conclusion on that.”

Rules covering bank investments have not yet been worked out by Federal regulators even though they’re called for in the Dodd-Frank financial regulatory overhaul⁵. While that measure was signed into law nearly two years ago, much of it has yet to be implemented⁶. David Welna, NPR news, the Capitol.

 

 

In Columbia, a powerful bomb detonated on a busy commercial street left two people dead and injured many more. NPR’s Juan Ferrero in Bogota says the Columbian government is investigating whether the target was the former interior minister.

President Juan Manuel Santos said the attack could have been directed against former minister Fernando Londono. Londono, who is well-known for his criticism of the FARC guerrilla(游击队员) group suffered head injuries after the bomb blast near his car. His driver and a body guard were killed, authorities said, at least 20 more were injured by the explosion which went off just before the launch hour in an upscale district. It was unclear if the bomb was detonated on Londono’s vehicle or on a bus that was traveling next to his. The government has not publicly said who it believes is responsible. Juan Ferrero, NPR news, Bogota.

 

 

Another United Nation’s team has been struck by roadside bomb in Syria, so far no word of injuries in that convoy⁷. It was attack just minutes after Syrian troops opened fire on a nearby funeral procession, reportedly killing⁸ as many as 20 people and wounding many more. Last week, roadside bomb struck a Syrian military truck right after the head of UN observer mission drove by in a convoy.

 

 

Here is the latest from Wall Street, Dow Jones Industrial Average down 30 points at 12,665 in trading of two billion shares, and Nasdaq is up 3 points at 2,905.

 

 

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Thousands of Palestinians marched in the West Bank to mark the anniversary of the creation of Israel, what they call the ‘nakba’ or ‘catastrophe’. As Linda Gradstein reports at least 30 Palestinians were slightly wounded in clashes with Israeli troops.

Police and soldiers were on high alert for violence after last year’s violent demonstrations⁹ in which thousands of Palestinians tried to cross into Israel from Lebanon and Syria and eight were reported killed after Israel opened fire. This year, there were scattered¹⁰ demonstrations in the West Banks in which protestors threw rocks as Israeli troops responded with tear gas and rubber bullets. Palestinian president Mahmoud Abbas referred to the Israeli occupation of the West Bank in 1967, saying ‘no matter how strong, it will be removed.’ In the aftermath of the creation of Israel, hundreds of thousands of Palestinians became refugees. For NPR news, I’m Linda Gradstein in Jerusalem.

 

 

Documents introduced at John Edwards' corruption¹¹ trial today show his campaign finance chairman paid the candidate’s mistress a $9,000 monthly cash allowance. It shows the late Texas attorney Fred Baron¹² was one of the two big supporters who gave a total of nearly a million dollars to hide Edwards’ extramarital affair.

 

 

President Obama is paying tribute to the nation’s fallen law enforcement officers.

"To risk everything for a complete stranger is extraordinary and yet among our nation’s law enforcement officers, it is also common place”, Mr. Obama delivering remarks at the National Peace Officers Memorial Service at the Capitol.

1 shareholders   

n.股东( shareholder的名词复数 )

参考例句：

• The meeting was attended by 90% of shareholders. 90%的股东出席了会议。
• the company's fiduciary duty to its shareholders 公司对股东负有的受托责任

2 endorsing   

v.赞同( endorse的现在分词 )；在（尤指支票的）背面签字；在（文件的）背面写评论；在广告上说本人使用并赞同某产品

参考例句：

• Yet Communist leaders are also publicly endorsing religion in an unprecedented way. 不过，共产党领导层对宗教信仰的公开认可也是以前不曾有过的。 来自互联网
• Connecticut Independent Senator Joseph Lieberman is endorsing Republican Senator John McCain. 康涅狄格州独立派参议员约瑟夫。列波曼将会票选共和议员约翰。麦凯恩。 来自互联网

3 corporate   

adj.共同的，全体的；公司的，企业的

参考例句：

• This is our corporate responsibility.这是我们共同的责任。
• His corporate's life will be as short as a rabbit's tail.他的公司的寿命是兔子尾巴长不了。

4 banking   

n.银行业，银行学，金融业

参考例句：

• John is launching his son on a career in banking.约翰打算让儿子在银行界谋一个新职位。
• He possesses an extensive knowledge of banking.他具有广博的银行业务知识。

5 overhaul   

v./n.大修，仔细检查

参考例句：

• Master Worker Wang is responsible for the overhaul of this grinder.王师傅主修这台磨床。
• It is generally appreciated that the rail network needs a complete overhaul.众所周知，铁路系统需要大检修。

6 implemented   

v.实现( implement的过去式和过去分词 )；执行；贯彻；使生效

参考例句：

• This agreement, if not implemented, is a mere scrap of paper. 这个协定如不执行只不过是一纸空文。 来自《现代汉英综合大词典》
• The economy is in danger of collapse unless far-reaching reforms are implemented. 如果不实施影响深远的改革，经济就面临崩溃的危险。 来自辞典例句

7 convoy   

vt.护送，护卫，护航；n.护送；护送队

参考例句：

• The convoy was snowed up on the main road.护送队被大雪困在干路上了。
• Warships will accompany the convoy across the Atlantic.战舰将护送该船队过大西洋。

8 killing   

n.巨额利润；突然赚大钱，发大财

参考例句：

• Investors are set to make a killing from the sell-off.投资者准备清仓以便大赚一笔。
• Last week my brother made a killing on Wall Street.上个周我兄弟在华尔街赚了一大笔。

9 demonstrations   

证明( demonstration的名词复数 )； 表明； 表达； 游行示威

参考例句：

• Lectures will be interspersed with practical demonstrations. 讲课中将不时插入实际示范。
• The new military government has banned strikes and demonstrations. 新的军人政府禁止罢工和示威活动。

10 scattered   

adj.分散的，稀疏的；散步的；疏疏落落的

参考例句：

• Gathering up his scattered papers,he pushed them into his case.他把散乱的文件收拾起来，塞进文件夹里。

11 corruption   

n.腐败，堕落，贪污

参考例句：

• The people asked the government to hit out against corruption and theft.人民要求政府严惩贪污盗窃。
• The old man reviled against corruption.那老人痛斥了贪污舞弊。

12 baron   

n.男爵；(商业界等)巨头，大王

参考例句：

• Henry Ford was an automobile baron.亨利·福特是一位汽车业巨头。
• The baron lived in a strong castle.男爵住在一座坚固的城堡中。