ailout banks lose $418 billion
The federal government has deposited $165 billion into the country’s eight largest banks since October. But over those four months, the eight banks have actually lost $418 billion in value, and as their stock prices plunged, taxpayers’ preferred shares declined in value by $20 billion.
Membership in criminal gangs swells
Criminal gangs in the U.S. have swelled to around 1 million members, an increase of more than 200,000 since 2005, a new Justice Department report found. Gangs are now “the primary retail distributor of most illegal drugs,” the report said, and are responsible for up to 80 percent of the crime in many communities.
Team names and Super Bowl victories
With the Pittsburgh Steelers’ victory in Super Bowl XLIII, teams named after some category of human being have won 30 of these pro football championship games. Teams named after horses have won four Super Bowls; mythical figures (Giants), three; other land-based animals (Bears, Rams), two; aquatic mammals (Dolphins), two; and birds, one.
The New York Times
U.S. stock market sees worst January in history
U.S. stock markets finished their worst January in history, with the Dow Jones average falling 8.8 percent.
The Wall Street Journal
Hollywood sees first billion-dollar January
Hollywood had its first billion-dollar January in history, raking in $1.03 billion at the box office, a 19 percent increase over January 2008.
Los Angeles Times
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
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- What would a U.S.-Russia war look like?
- Why is American internet so slow?
- What the collapse of the Ming Dynasty can tell us about American decline
- Religious liberty should be a liberal value, too
- Don't worry: World War III will almost certainly never happen
- Watch The Daily Show mock Fox News' confused man-crush on Vladimir Putin
- 22 TV shows to watch in 2014
- The new bride who had a horrifying allergic reaction to her husband's sperm
5 surprising facts about left-handed people
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