Here's a name back in the news: R. Allen Stanford. In the midst of the financial crisis he was charged with running a $7 billion Ponzi scheme against thousands of investors in the United States and Latin America. Now his trial is set to begin today in Houston.
From member station KUHF, Andrew Schneider has more.
This is MORNING EDITION, from NPR News. I'm David Greene.
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Having sent observers to examine protests in Syria, Arab leaders have offered a plan to end the violence there. The proposal comes from the Arab League, a group of Arab nations. And NPR's Kelly McEvers has been following this story. She's in Beirut.
KELLY MCEVERS, BYLINE: Hello.
INSKEEP: OK. So what do the Arab leaders want to do?
In the race for the Republican presidential nomination, the tally stands at 1-1-1. Over the weekend, former House speaker Newt Gingrich re-established himself as a presidential contender with a resounding victory in South Carolina's primary.
He beat second-place finisher former Massachusetts Gov. Mitt Romney by more than 12 points. That means Romney, Gingrich and former Pennsylvania Sen. Rick Santorum have each won a nominating contest. Now all eyes are on Florida.
A burly beast of a man bursts into a presidential press conference and is shot in the leg by secret police. Two days later, the White House reveals that the befuddled intruder with a handlebar mustache is really former President William Howard Taft.
So begins Taft 2012, a novel that gives a satirical take on contemporary politics through the eyes of a president who served a century ago. Author Jason Heller places Taft in a 21st-century election campaign, where he is forced to sit in bars on New Year's Eve and master Twitter along the way.
Some of the biggest banks in the country are reportedly close to a settlement with authorities over the so-called robo-signing scandal in which mortgage company officials signed and notarizeed foreclosure documents without properly reviewing them.
Many lenders and mortgage servicers acknowledged making serious mistakes in foreclosure paperwork.
The last battle scar of 2011 for the GOP came in December, when House Republicans painted themselves into a corner on extending unemployment benefits and the payroll tax cut. The fight exposed the party's internal rifts and the loose control of its leaders.
One GOP lawmaker called it "a public relations fiasco." They could compromise with the Democrats or allow taxes to go up — neither option palatable to large portions of the majority.