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Upromise.Com
NPR's Snigdha Prakash reports on a Massachusetts-based internet startup that plans to take the idea behind frequent flyer programs and apply it to an entirely new area: college savings. UPROMISE says it is signing up credit card companies, grocery chains, car companies and will take the rebates these companies offer and put them in a college savings investment account. Financial advisors are skeptical that such programs are a good idea for most people.
Shelby Seeks Review of Webster Appointment
Sen. Richard Shelby (R-AL) calls for an investigation of SEC Chairman Harvey Pitt's handling of the appointment of ex-FBI and CIA chief William Webster to head a new accounting oversight agency. NPR's Steve Inskeep reports.
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0:37
Embattled Pitt Resigns as SEC Chairman
Harvey Pitt resigns as chairman of the Securities and Exchange Commission. Pitt had a stormy 15-month tenure as SEC chief and was recently under fire for his handling of the appointment of William Webster to head an accounting oversight board. Hear NPR's Jim Zarroli and James Cox of Duke University.
Surprised by Voters' Assessment of Sept. 11
Commentator Morton Dean is puzzled that voters did not hold members of Congress and President Bush accountable for the security lapses that resulted in the September 11th terrorist attacks. Dean says he's surprised that the attacks were not raised as an issue in the election campaign.
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0:00
Embattled Pitt Resigns as SEC Chief
Harvey Pitt resigns as chairman of the Securities Exchange Commission. Pitt had a stormy 15-month tenure as SEC chief and was recently under fire for his handling of the appointment of William Webster to head an accounting oversight board. NPR's Scott Horsley reports.
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0:00
Embattled Pitt Resigns as SEC Chairman
Harvey Pitt resigns as chairman of the Securities and Exchange Commission. Pitt had a stormy 15-month tenure as SEC chief and was recently under fire for his handling of the appointment of William Webster to head an accounting oversight board. Hear NPR's Jim Zarroli.
Listen
•
3:38
Morning Edition Returns: The Information Age
Six University of Maryland students admit they got extra help on an accounting exam by surreptitious use of cell phones. (At least they weren't driving.) Also, a Norwegian lawmaker apologizes for playing a war game on a pocket computer at a most inappropriate time.
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4:18
Social Security Commission
NPR's David Welna reports on President Bush's newly revealed Social Security Commission. The panel is supposed to develop a Social Security reform plan by next fall. Democrats on Capitol Hill were unenthusiastic about the announcement, claiming Bush stacked the deck against them by loading the commission with members who all favor personal retirement accounts.
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5:02
Wall Street's Low-Key Approach to Social Security Reform
President Bush's plan to allow private accounts for Social Security may send a lot of business to Wall Street; but lobbyists for reform say the returns for financial firms are not necessarily so great. NPR's Peter Overby reports.
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0:00
An Inside Look at Enron
Los Angeles Times film critic Kenneth Turan reviews Alex Gibney's award-winning documentary, Enron: The Smartest Guys in the Room. Gibney adapted a book that chronicles the fantastic rise and demise of the company that was engulfed in scandal when its outrageous accounting practices were exposed.
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