To the Point
London Prepares for the Olympics
Next month, the Olympics will begin in London, a great city prepared for the benefits of the "Olympic Spirit" and the risks of massive security and worldwide attention.
By Warren Olney • • 50m ListenIn less than a month, the Olympic Games will begin in London, a great city prepared for the benefits of the "Olympic Spirit" and the risks of massive security and worldwide attention. We hear how Londoners are preparing -- for better or worse. Also, the heat wave continues to break record highs, and the biggest financial scandal you’ve never heard of before.
Banner image: the latest set of Giant Olympic Rings has been unveiled on Tower Bridge to mark exactly one month to go until the Olympic Games.
In this episode
3 storiesHeat Wave Continues to Break Record Highs
Last month, more than 3200 temperature records were broken in the United States. Last week alone, more than 2000 went down. Thunderstorms could ruin a lot of picnics and fireworks displays on Independence Day, and the center of the country may be looking at unusual heat, possibly into August.
Read the story8 minDoes London Really Need the Olympics?
Five massive rings now hang from the Tower Bridge, and the Olympics logo will be brightly lit every night after the games begin later this month. But after the Queen's recent Jubilee, are Londoners excited or thoroughly underwhelmed? Traffic congestion has many working at home.
Read the story34 minCan the Banking System Be Reformed?
After ten years of preparation, a federal trial has exposed the collusion of Wall Street's major banks and finance companies to rig the bidding on municipal bonds, a business worth $3.7 trillion. In the exact words of one settlement of the case, "They stole from virtually every state district and territory in the United States .
Read the story9 min
