Bailout Co. Might Sue US
Tuesday, January 8, 2013
Vol.2, No. 8
National: The NY Times reports that the insurance giant AIG, which survived the financial crisis with a $182 billion federal bailout, is considering suing the US government. The company’s board is contemplating joining an existing lawsuit that claims that while the bailout was necessary, the terms deprived investors of billions of dollars in profits and violated the Constitutional provision against government taking private property without just compensation.
- Secretary of State Hillary Clinton was presented with a football helmet upon her return to work at the State Department in recognition of the fall that gave her a serious concussion. Clinton is expected to testify about the terror attack on the Benghazi consulate before she leaves office in a few weeks.
- The so-called “Dating Game” serial killer was sentenced to 25 to life in prison by a NY court for the murder of two women in that state 30 years ago. Rodney Alcala, who got his handle from an appearance on the popular 1970s television show, is already living on Death Row in California for the murder of a 12-year-old girl.
Good Night: The once venerable ABC News program Nightline aired its last show in the 11:35 pm timeslot last night. Tonight it gives up its place to Jimmy Kimmel Live and moves to 12:35 AM. In effect the show is on so late it’s on tomorrow.
Nightline started during the Iran Hostage Crisis when Ted Koppel went on the air every night with updates. The show lived on as one of the best news programs in television history, but in recent years it has skewed to tabloid. ABC gave the timeslot to Kimmel because he can make the network a lot of money at that time and they see him as the future dominator of late night television as Leno and Letterman age.
Bowled Over: Katherine Webb, who is Miss Alabama and also the girlfriend of the Alabama quarterback, gained 115,000 Twitter followers after multiple appearances on camera while watching the collegiate football championship. In other football developments, Alabama beat Notre Dame 42-14.
Passing: Huell Howser, an icon of Southern California public television with his travelogue show “California’s Gold” and others, has died at age 67. He used to have his cameraman shoot an entire show without turning off the camera. Howser retired suddenly Nov. 27 giving no reason. The cause of his death was not released.
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