Frontpage: Friday, Feb. 3rd
- SEC Letting Large Banks Off: A New York Times analysis shows that the Securities and Exchange Commission has been giving a pass on the biggest Wall Street firms in the last decade, letting them off on punishments meant to apply to fraud cases. Lulzies/headscratch.
- U.S. Jobless Rate Drops: Great news, and much better than expected: The U.S. economy created 243,000 non-farm jobs in January, up from a 200,000 increase in December, and the unemployment rate dropped from 8.5 percent to 8.3.
- U.S. Fears Israel Will Strike Iran: Defense Secretary Leon Panetta is reportedly worried that Israel is going to attack Iran because of its nuclear ambitions.
- U.S. Tourists Kidnapped in Egypt: Two American tourists and their guide were kidnapped Friday after gunmen stormed their minivan in the Sinai near a popular Red Sea resort.
- Komen Founder Defends Decision: Nancy Brinker, the founder and CEO of the Susan G. Komen breast-cancer foundation, has come out to defend the organization’s decision to stop awarding grant money to Planned Parenthood for breast-cancer screening—a move that many say is backlash against abortion. Watch Brinker’s interview on MSNBC.