Democracy or Stability?: Can Egypt Achieve Either?
Listen to/Watch entire show:
Egyptian authorities have intensified their crackdown on the organization that backs former President Mohammed Morsi. The interim government has designated the Muslim Brotherhood, a terrorist group. Will this further radicalize the party and destabilize Egypt? How will this play in the region? What role does the US face in the post-Arab Spring resurgence of al Qaeda? Also, JP Morgan Chase will pay $1.7 Billion to settle criminal charges in the Madoff case, and Los Angeles County Sheriff Lee Baca has announced he plans to retire from a department plagued by scandal and a criminal investigation. Who will step in to lead the nation's largest jail system? Barbara Bogaev guest hosts.
Banner image: Supporters of the Muslim Brotherhood and ousted Egyptian President Mohamed Mursi protest against the military and interior ministry, while making the four-finger "Rabaa" gesture, at Nasr City district in Cairo January 3, 2014. Photo: Mohamed Abd El Ghany/Reuters
JP Morgan Chase to Pay $1.7 Billion in Madoff Case ()
It's been five years since Bernard Madoff was arrested for running one of the largest Ponzi schemes in US history. Now his primary bank is finally facing its own punishment, of sorts. JP Morgan Chase will pay a $1.7 billion fine to settle criminal charges by federal prosecutors that it failed to alert authorities of Madoff's suspicious activities. Ben Protess is following the story for the New York Times.
- Ben Protess: New York Times
Growing Turmoil in Egypt ()
Violence has erupted again in Egypt, where supporters of former President Mohammed Morsi are demonstrating against the government that ousted him in July. The government has designated the Muslim Brotherhood, which backed Egypt's first democratically elected leader, a terrorist organization and is responding to dissent, which comes ahead of an upcoming constitutional referendum, with increasing force and arrests. Will this further radicalize Islamists in Egypt? Will the violence spill over into the rest of the region? What role should the United States play in a Middle East marked by the rise of al Qaeda-linked insurgencies?
- Ashraf Khalil: Time magazine, @ashrafkhalil
- Sara Khorshid: Egyptian journalist, @SaraKhorshid
- Shadi Hamid: Brookings Doha Center, @shadihamid
- Steven Cook: Council on Foreign Relations, @stevenacook
Today's Talking Point
LA Sherriff Lee Baca to Leave Beleaguered Department ()
The Los Angeles Police department gets more national attention, but the LA Sheriff's Department is arguably more powerful. Its 18 thousand officers police large areas of Los Angeles County, and the $2.5 billion agency oversees the largest jail system in the US. For 15 years Lee Baca has overseen the department, which is now being investigated by the FBI on suspicion of multiple abuses of power. This morning Sheriff Baca made the surprising announcement that he will not seek re-election and will retire at the end of this month. Robert Faturechi has been covering the Sheriff's Department for the Los Angeles Times.
Engage & Discuss
BROUGHT TO YOU BY