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The Two-Way
1:55 pm
Wed March 28, 2012

Despite Losses, Bank of America CEO Receives Huge Raise

Credit Chuck Burton / AP
Bank of America CEO Brian Moynihan.

Despite the fact that Bank of America lost 58 percent of its value in 2011, its CEO received a compensation package worth $7.5 million. That's a six fold increase from the year before. The AP reports that under Brian Moynihan, Bank of America also lost its title as the No. 1 bank by assets to JPMorgan Chase.

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Crisis In The Housing Market
1:50 pm
Wed March 28, 2012

Spring Brings Some Green Shoots In Housing Market

Credit Paul Sakuma / AP
A recently sold home in Palo Alto, Calif. Home inventory is declining nationwide, and real estate agents say they are seeing more interest among would-be buyers.

Originally published on Fri March 30, 2012 11:14 am

Housing prices are still declining, but many analysts see some signs for optimism in the housing market. The mild spring has brought buyers out earlier than usual, and real estate agents are busy.

Doug Azarian is one of them. One of his clients recently signed a deal on a $1.5 million house in Cape Cod, Mass. — a contemporary waterfront property with three bedrooms.

"The buyers came in, and they loved it from the minute they walked in the door," Azarian says.

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It's All Politics
1:48 pm
Wed March 28, 2012

Rep. Bobby Rush's Hoodie Moment Recalls His Own Family Tragedy

Credit Anonymous / AP
Rep. Bobby Rush who, like Trayvon Martin's parents, lost a son to gun violence.
The Two-Way
1:15 pm
Wed March 28, 2012

Prosecutor Says A Desire To Win Led To Misconduct In Sen. Stevens' Case

Credit Haraz N. Ghanbari / AP
Special federal prosecutor Henry F. Schuelke testifies on Capitol Hill in Washington on Wednesday.

Originally published on Wed March 28, 2012 1:26 pm

A special prosecutor who spent two years exploring Justice Department misconduct in the botched case against late Sen. Ted Stevens (R-Alaska) said "contest living" — the desire to win a big case — explained the failure to follow the rules in one of the biggest political corruption prosecutions in decades.

"[Lawyers] do not want to have to undermine our case if it can possibly be avoided," investigator Hank Schuelke told the Senate Judiciary Committee Wednesday. "That motive to win the case was the principal operative motive."

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The Two-Way
1:02 pm
Wed March 28, 2012

Report: Student Loans For K-12 Are On The Rise

Anyone who watched Nursery University — a documentary about the trials and tribulations of getting your toddler in the "right" pre-school — won't be surprised by this story.

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