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May 08, 2012 | | AL QAEDA The infamous Ibrahim al Asiri is thought to have orchestrated al Qaeda’s latest foiled bomb plot. The Daily Beast’s Bruce Riedel on how an enemy in Yemen and his pupils are determined to blast their way into American history. Plus, Clive Irving on how to stop plane bombers. SLUMP Standard & Poors hit a two-month low on Tuesday as U.S. investors reacted to turmoil in Greece. The Dow, Nasdaq, and European markets all opened lower on Tuesday as Greece edged closer to being kicked off the euro zone and as voters in Greece and France revolted against harsh austerity policies. On Monday the Greek government failed to form a coalition, leaving formation of a new government in the hands of Alexis Tsipras, the leader of the far-right party that came in second place in Sunday’s elections. German Chancellor Angela Merkel insisted Monday that Greece must comply with the strict terms of the November bailout—leaving many saying that the country could be expelled from the euro. KICK THE CAN The Senate on Tuesday failed to approve a bill that would keep federal student loans at their current interest rates for another year, once again postponing debate on what has become a controversial issue. The Senate’s party-line vote of 52-45 failed to reach the necessary 60 votes, meaning that 7 million student borrowers could see their rates jump from 3.4 percent to 6.8 percent if the rates are allowed to expire in July. Lawmakers disagree over how to pay for the extension, and it has become a major issue on the presidential campaign trail in the past few weeks. ISRAEL The prime minister’s new coalition government is aimed mostly at solving domestic issues. But The Daily Beast’s Dan Ephron says Netanyahu also could be circling the wagons inside Israel. OBIT Maurice Sendak, the author of the beloved children’s book Where the Wild Things Are, died on Tuesday from complications of a recent stroke. He was 83. Sendak was considered one of the greatest children’s book artists of the 20th century, as he famously upended the traditional theory of children’s literature of teaching moral lessons through well-behaved heroes and heroines. His genre-breaking books included In the Night Kitchen, Outside Over There, Chicken Soup With Rice, and the recently published Bumble-Ardy. A posthumous picture book, My Brother’s Book, a poem written and illustrated by Sendak and inspired by his late brother, is scheduled to be published next February. | | 
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