Jim Zarroli http://aspenpublicradio.org en A Deal Between 'Dollar' Stores Raises The Stakes Against Wal-Mart http://aspenpublicradio.org/post/international-court-rules-against-russia-50-billion-decision <div class="fullattribution">Copyright 2014 NPR. To see more, visit http://www.npr.org/.<img src="http://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=A+Deal+Between+%27Dollar%27+Stores+Raises+The+Stakes+Against+Wal-Mart&utme=8(APIKey)9(MDA1MTczMTM4MDEyNzM1OTUxMzg5ZDUyMw004)"/></div><p>Transcript <p>ARI SHAPIRO, HOST: <p>The world of dollar stores is a world worth billions of dollars. Today, Dollar Tree announced a deal to buy Family Dollar for $8.5 billion. The new company will have 13,000 stores in North America. Mon, 28 Jul 2014 20:13:00 +0000 Jim Zarroli 22223 at http://aspenpublicradio.org Locked In U.S. Hedge Fund Battle, Argentina Faces Default http://aspenpublicradio.org/post/locked-us-hedge-fund-battle-argentina-faces-default <div class="fullattribution">Copyright 2014 NPR. To see more, visit http://www.npr.org/.<img src="http://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=Locked+In+U.S.+Hedge+Fund+Battle%2C+Argentina+Faces+Default&utme=8(APIKey)9(MDA2NDA4NzY1MDEyODkzMjYyNTkxZjFiZQ004)"/></div><p>Transcript <p>RENEE MONTAGNE, HOST: <p>This is MORNING EDITION from NPR News. I'm Renee Montagne.<p>LINDA WERTHEIMER, HOST: <p>And I'm Linda Wertheimer. The nation of Argentina could default this week on billions of dollars of debt. It would be the second time Argentina has defaulted in less than 15 years. Mon, 28 Jul 2014 10:09:00 +0000 Jim Zarroli 22195 at http://aspenpublicradio.org How High Debt From The Housing Collapse Still Stifles Our Economy http://aspenpublicradio.org/post/how-high-debt-housing-collapse-still-stifles-our-economy "Foreclosure, foreclosure, foreclosure."<p>Real estate broker John Susani drives down a Paterson, N.J., street where every third house seems to be abandoned or boarded up. During the boom years, money flooded into Paterson.<p>"The banking industry allowed everyone to be a homeowner; they gave mortgages to people [just because they were] breathing," Susani says.<p>In some cases, he says, home prices jumped as much as 50 percent. The homes on these streets aren't worth nearly that much anymore.<p>Seven years after the subprime mortgage crisis, U.S. Thu, 24 Jul 2014 10:13:00 +0000 Jim Zarroli 22019 at http://aspenpublicradio.org How High Debt From The Housing Collapse Still Stifles Our Economy Citigroup Agrees To $7 Billion Fine For 'Egregious' Misconduct http://aspenpublicradio.org/post/citigroup-agrees-7-billion-fine-egregious-misconduct Citigroup has agreed to pay $7 billion to settle claims that it committed fraud when it sold mortgage-backed securities in the years leading up to the financial crisis. Most of the money will be paid to the U.S. Treasury, but some will be used to provide mortgage relief to struggling homeowners. Mon, 14 Jul 2014 20:15:00 +0000 Jim Zarroli 21535 at http://aspenpublicradio.org Citigroup Settles Subprime Mortgage Case For $7 Billion http://aspenpublicradio.org/post/citigroup-settles-subprime-mortgage-case-7-billion Transcript <p>STEVE INSKEEP, HOST: <p>Citigroup has agreed to settle allegations that it defrauded investors in the years leading up to the financial crisis. The settlement requires Citigroup to pay $7 billion. Two and a half billion will go toward mortgage relief for homeowners. Now, this settlement involves mortgage-backed securities the bank packaged and sold to investors, and it was announced this morning by U.S. Attorney General Eric Holder. We're going to talk this through with NPR's Jim Zarroli who's on the line. Mon, 14 Jul 2014 16:34:00 +0000 Jim Zarroli 21521 at http://aspenpublicradio.org