Cheat Sheet - Madoff: I’m Happier in Jail

Today: Romney's Killing It in New Hampshire, Wall Street Rallies on Euro Deal, Edwards's Bid to Dismiss Case Fails October 27, 2011 INTERVIEW 1. Madoff: I'm Happier in Jail Madoff family secrets are rolling out this week in a series of exposing interviews. After spending two hours in prison with Bernie Madoff, Barbara Walters told Good Morning America that the disgraced financier is content to know he will die in prison. The Ponzi villain apparently knows that he's safer in the clink than he would be outside. However, Walters added: "He knows that he ruined his family…he has horrible nightmares." This interview came after Ruth Madoff's shocking revelation on Sunday's 60 Minutes that the couple tried to kill themselves on Christmas Eve 2008 after her husband's scheme was exposed. Read it at ABC News HOME FIELD 2. Romney's Killing It in New Hampshire Aside from the fact that the state is close to Massachusetts, where Mitt Romney was governor for four years, the GOP hopeful is better liked in the first primary state than virtually anywhere else. It's a state where he's a true frontrunner, with a double-digit lead that has never faltered. The Daily Beast's Jill Lawrence reports from Concord on why his message resonates there. Read it at The Daily Beast REBOUND 3. Wall Street Rallies on Euro Deal Relief over the European debt deal caused Wall Street to enjoy a rally Wednesday, with the Dow Jones Industrial Average up 2 percent and the S&P 500 Index up 2.24 percent. S&P's gains meant the stock index is on track to have its best monthly percentage increase since January 1987. Meanwhile, in Europe, London's FTSE 100 closed up 160 points, or 2.9 percent, a three-month high. Analysts said they saw Europe's deal as helping to remove the risk to the U.S. economy and the rest of the global financial system. Analyst Keith Wirtz said the worldwide rally came because traders are taking "comfort in the belief there should be no recession on the horizon." Read it at Reuters NICE TRY 4. Edwards's Bid to Dismiss Case Fails A federal judge in North Carolina has denied former presidential candidate John Edwards's bid to have the criminal case against him thrown out. The former North Carolina senator is being charged with using campaign funds to pay his mistress and cover up the affair during his run for the White House in 2008. Edwards fathered an illegitimate child with campaign videographer Rielle Hunter and funneled money to close aide Andrew Young, who even invited the pregnant Hunter to live with him and his wife in their home. Edwards has pleaded not guilty. The trial is scheduled for January. Read it at Associated Press HOLDING STEADY 5. U.S. Economy Edges Upward The U.S. economy might not be headed for a second recession, but it isn't growing fast enough to put a dent in the high unemployment level, either. New data from the Commerce Department shows the economy expanding at an annual rate of 2.5 percent in the third quarter of this year, the period from July through September. That's almost twice the growth rate in the April-June quarter. Economists predict a similar rate for the fourth quarter, which means the unemployment will stay essentially level. The economy was lifted by a sharp rise in consumer spending over the summer—triple the rate from the spring—as people spent more on cars, furniture, health care, and air conditioning during an unseasonably hot summer. Read it at Associated Press QUAKE More Than 500 Dead in Turkey Man pulled from the rubble after 100 hours. AFTERMATH Condi's Rivals React Rice's memoir poked some former rivals inside the Bush administration, and now Donald Rumsfeld and John Bolton are weighing in, The Daily Beast's Eli Lake reports. FREEDOM Egypt and Israel Swap Prisoners US-Israeli for 25 Egyptian prisoners. MENAGERIE Ohio Woman May Reclaim Exotic Animals Zoo trying to prevent her. PRIVET Disney Channel Conquers Russia Will introduce original programming. GET The Cheat Sheet A speedy, smart summary of news and must-reads from across the Web. You'll love the featured original stories on politics, entertainment, and more from The Daily Beast's diverse group of contributors. GET The Yes List Weekly cultural recommendations from The Daily Beast. The End of TV Campaign Ads? by John Avlon Aid Workers' Pirate Nightmare by Margot Kiser Lindsay Lohan's Path to Playboy by Marlow Stern

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