The cost of the financial crisis, and more
The financial crisis may cost the U.S. almost $13 trillion.
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The cost of the financial crisis
The financial crisis may cost the U.S. almost $13 trillion. Better Markets, a nonprofit agency, calculates that the crisis will cost the country $7.6 trillion in gross domestic product, and $5.2 trillion in various government stimulus measures.
The Washington Post
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Boy Scouts fail to report allegations of child sexual abuse
The Boy Scouts of America did not report 80 percent of the 500 allegations of child sexual abuse it received over several decades to police, a review of its confidential “perversion files” has found. Most volunteers or employees accused of abusing Boy Scouts were allowed to quietly leave for false reasons, to protect the organization’s reputation.
Los Angeles Times
Overfishing threatens adult cod population
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Decades of overfishing for cod have left fewer than 100 fully grown adult cod in the North Sea, according to a new study of catches at North Sea ports across Europe. Almost all cod are now caught before they reach sexual maturity, leaving very few cod in the sea to reproduce.
The Sunday Times (U.K.)
The appeal of young adult fiction
Most readers of young adult fiction aren’t actually that young. A new study from Bowker Market Research found that 55 percent of customers who buy young adult novels like The Hunger Games and Twilight are 18 and over, with most admitting to buying the books for themselves.
CSMonitor.com
President Obama seeks quote approval
In order to get extensive access to President Obama for a new book and Vanity Fair profile, author Michael Lewis agreed to give the White House approval over all Obama quotes. Quote approval—once seen by journalists as an unacceptable form of censorship—is often now a prerequisite for interviews of business executives and celebrities.
The New York Times