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Marketplace Morning Report at 4:50, 6:50 and 8:50
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2:20am

Fri May 18, 2012
Planet Money

The Long, Long, Long Road To New Rules For Banks

Originally published on Fri May 18, 2012 3:49 pm

Would that big, bad JPMorgan Chase trade have violated the Volcker Rule?

It's too soon to say, despite the fact that the rule is part of a two-year-old law.

The Volcker Rule bans deposit-taking banks from making speculative bets. But it allows banks to make investments to hedge risks.

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2:14am

Fri May 18, 2012
Deceptive Cadence

150 Years Of 'Taps'

Originally published on Fri May 18, 2012 3:49 pm

A lone bugler stands at attention in the rain at Wilmington National Cemetery in North Carolina, in 2009.
Logan Mock-Bunting Getty Images

This Saturday, 200 buglers will assemble at Arlington National Cemetery to begin playing "Taps," a call written 150 years ago this year.

Retired Air Force Master Sgt. Jari Villanueva, a bugle player, says he started out as a Boy Scout bugler at about age 12. He went on to study trumpet at the Peabody Conservatory before being accepted into the United States Air Force Band — where one of his duties over the next 23 years was to sound that call at Arlington National Cemetery.

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5:58am

Thu May 17, 2012
Around the Nation

Student Discovers Mastodon Tooth In His Backyard

An Oklahoma teacher asked her fifth graders to each bring in a rock. One student brought in a stone that looked like a tooth. It turns out it was a tooth, according to the Muskogee Daily Phoenix. The tooth may up to 40 million years old.

5:58am

Thu May 17, 2012
Around the Nation

Director John Waters Hitches A Ride With Indie Band

The Baltimore legend is known for his pencil-thin mustache, and for movies like Hairspray. He's said in interviews he enjoys hitchhiking. Recently, the band Here We Go Magic tweeted photos of him in their van.

5:58am

Thu May 17, 2012
Business

Skechers To Settle FTC Complaint

The Federal Trade Commission has announced that Skechers will pay more than $40 million to settle charges that the company made unfounded claims about its shape-up shoes. The FTC says the marketing was deceptive.

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