7/16: Historic drought scorches U.S.;

7/16: Historic drought scorches U.S.; "Midwest Madoff" leaves lives in ruins

July 16, 2012 5:12 PM

The biggest drought in more than half a century covers more than half the continental U.S.; Then, amateur video from inside Syria appears to show street battles close to President Assad's doorstep; Also, Peregrine Financial Group CEO Russell Wasendorf's fraud is measured not just by the $200 million lost, but by lives ruined.

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