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Monday, September 10, 2012

Cheat Sheet - Murder in Celebration, Florida

The Cheat Sheet

Today: Treasury Offers $18B in AIG Stock , Niall Ferguson: Why Obama Is Winning , Al Qaeda’s No. 2 in Yemen Killed
Cheat Sheet: Afternoon

September 10, 2012
MYSTERY

In the 1990s, Disney created Celebration, Fla. On Thanksgiving weekend in 2010, the town had its first murder. Barbara Spindel and Maria Elena Fernandez report on the secret life of the victim, a beloved longtime teacher and headmaster who led a disturbing double life. As the case heads to trial in October, some of the men he mentored and manipulated decades earlier speak out.

SELL

The United States government will sell most of its share in AIG after bailing the company out four years ago, the Treasury Department announced Sunday. The $18 billion stock offering will decrease the government’s stake in the company to a 20 percent holding, down from the 53 percent majority share it held in the insurer. AIG plans to purchase back about $5 billion of the stock, the company said. The company will be classified as a savings and loan holding company after the buyback. The Treasury, which purchased the shares for $28.72, stands to make a profit on the deal, with AIG closing at $33.99 on Friday.

PARADOX

The economy’s in the tank, yet Romney can’t seem to gain an edge. One thing’s for sure, writes Niall Ferguson in Newsweek: this election is about likability. It’s not the economy, stupid.

War on Terror

Al Qaeda’s No. 2 leader in Yemen was killed in an airstrike Monday, along with five others who were riding with him in a car. Yemeni Defense Ministry officials say that Saeed al-Shihri was killed after leaving a house in the Hadramawt province. The officials believe that a U.S.-operated drone fired the missile, but U.S. officials do not usually comment on drone attacks. The United States has used drones to kill al Qaeda members in Yemen before.

BAD GUYS

Prince Harry has become one of the Taliban’s number one targets after arriving in Afghanistan to pilot attack helicopters in Her Majesty’s service, Taliban officials have confirmed to Reuters. They even dubbed the plots to assassinate or kidnap the 27-year-old royal the “Harry operations.” Harry previously served in Afghanistan in 2008, but had his tour cut short after news of his location leaked out. “We are using all our strength to get rid of him, either by killing or kidnapping,” Zabihullah Mujahid, a Taliban spokesman, told Reuters.  “We have informed our commanders in Helmand to do whatever they can to eliminate him.”


Nepotism
FBI Arrests Mayor of Trenton
Part of ongoing corruption probe.
LABOR
41,200 Miners Strike in S. Africa
Lonmin protest enters fourth week.
OUTSIDER
The Rise of Elizabeth Warren
Professor-turned-politician rallies Dems.
TRAFFICKING
Smugglers Use Subs in Drug War
South American cartels build submersibles.
Nuptials
Ryan Reynolds and Blake Lively Wed
In private South Carolina ceremony.
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