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1:11pm

Fri October 14, 2011
The Two-Way

S&P Downgrades Spain's Sovereign Debt Rating

Late last night, Standard & Poor's announced it was downgrading Spain's sovereign debt rating one notch from AA to AA-minus.

The Financial Times reports:

S&P's statement said that despite "resilience" in Spain's economy this year, there were "heightened risks to Spain's growth prospects" due to high unemployment, tighter financial conditions, a high level of debt and a broader eurozone slowdown.

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1:00pm

Fri October 14, 2011
NPR Story

Former Officer: NYPD Planted Drugs On People

In a New York State Supreme Court in Brooklyn, a former-New York City undercover police officer has revealed details of a system of corruption within the police force that involved planting drugs on innocent people. This practice, called "flaking," was used to help police officers meet quotas for busts. Robert Siegel speaks with John Marzulli of the New York Daily News about the case.

11:51am

Fri October 14, 2011
The Two-Way

Two More Parts Of Alabama Immigration Law Put On Hold, Rest Upheld

Originally published on Fri October 14, 2011 11:52 am

"The 11th Circuit Court of Appeals has stayed the parts of Alabama's immigration law that require proof of lawful residency in the U.S. and track immigration information about newly enrolled students," The Huntsville Times writes.

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11:35am

Fri October 14, 2011
The Two-Way

Turns Out Herman Cain's 'Black Walnut' Flavor Had A Limited Run

Herman Cain.

Nicholas Kamm AFP/Getty Images

You remember how Republican presidential candidate Herman Cain defended himself after Sarah Palin called him the "flavor of the week?"

Like his rolls-off-the tongue 9-9-9 tax overhaul plan, Cain came back with a zinger of a comeback during an interview with Jay Leno:

"I happen to believe that there's ice milk and there's Häagen-Dazs Black Walnut. Substance. That's the difference," Cain said. "I got some substance here. Okay? I'm Häagen-Dazs Black Walnut. It lasts longer than a week."

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11:07am

Fri October 14, 2011
The Two-Way

Off With Their Wigs! Irish Judges No Longer Need To Don Horsehair

He might not be amused: Irish lawyer Edward Vaughan Hyde Kenealy (1819-1880).

London Stereoscopic Company Getty Images

For first time since the 17th century, judges in Ireland no longer need to wear horsehair wigs while in court.

According to The Irish Times, the new rule won't just modernize the look of the court, it will also save the Irish government money. It has been paying about $3,000 each for wigs as new judges are appointed to the Supreme, High and Circuit courts.

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