Female Prison Inmates Trained To Start Businesses

NPR
written by by Deena PrichepFormer convicts can have a difficult time finding a job, especially when the economy is weak.
But at the Coffee Creek Correctional Facility, a women's prison in Oregon, inmates can learn how to reverse that trend. A course called Lifelong Information For Entrepreneurs, or LIFE, is designed to provide inmates the skills to start their own small businesses after they are released.

MercyCorps Northwest, the Portland-based branch of an international development organization, started the program four years ago. Doug Cooper, assistant director of MercyCorps Northwest, says the program was built out of MercyCorps' experience in international aid.

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U.S. tries to reduce more homeowners' mortgages

WASHINGTON (Reuters) – The Obama administration wants to help more struggling Americans stay in their homes by reducing the amount they owe on their troubled mortgages, a top Treasury official said on Saturday.

"We are very definitely trying to facilitate more principal reductions," said Timothy Massad, Treasury's acting assistant secretary for financial stability. "It is a very important piece of the overall solution," he said.

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Mitt Romney: Not The Homecoming He Was Hoping For

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