Takeouts: president OK’s oil drilling, big money for hedge fund managers

The World

WASHINGTON TAKEOUT: President Obama announced yesterday that he would lift some bans on off-shore drilling in a future, comprehensive environmental bill he hopes to get to congress before the 2010 elections. Takeaway Washington correspondent, Todd Zwillich, explains the politics behind the move.

FINANCE TAKEOUT: 2009 was a record year for the nation’s top hedge fund managers. Louise Story, Wall Street and finance reporter for our partner The New York Times, gives us a sneak peek at surprising earnings data that shows that the top 25 earning managers pulled in a collective $25 billion last year alone.

Will you support The World with a monthly donation?

Every day, reporters and producers at The World are hard at work bringing you human-centered news from across the globe. But we can’t do it without you. We need your support to ensure we can continue this work for another year.

Make a gift today, and you’ll help us unlock a matching gift of $67,000!