Cheat Sheet - Benghazi Resignations Begin

Today: GM to Buy Back Shares , Suicide Spotlights Persistent Genital Arousal Disorder , Obama: GOP Actions 'Puzzling' December 19, 2012 FALLOUT 1. Benghazi Resignations Begin A scathing report finds the State Department failed to protect its diplomats in Libya, as at least two high-ranking officials depart. The Daily Beast's Eli Lake reports. Read it at The Daily Beast BAILOUT PAY BACK 2. GM to Buy Back Shares General Motors has finally come up with a bailout-payment plan. The auto-industry giant announced Wednesday that it plans to buy back 200 million, or $5.5 billion worth, of its own shares from the U.S. Treasury. Over the next 15 months, the Treasury, for its part, will sell the rest of its GM stake—ending the government's ownership over the company. The U.S. Treasury invested $50 billion in General Motors as part of its auto-industry bailout. Read it at Associated Press HARROWING 3. The Orgasm Suicides A Florida woman who suffered from a rare condition—one that often left her masturbating for hours on end to get relief—committed suicide earlier this month. The Daily Beast's Lizzie Crocker reports on the ripple effects in the medical community. Read it at The Daily Beast NICE TRY 4. Obama: GOP Actions 'Puzzling' President Obama said on Wednesday that it is "puzzling" that Republicans haven't accepted his plan to avoid the fiscal cliff, saying he has gone "at least halfway" to meet them. "I'm prepared to get it done, but [Republicans] are going to have to go ahead and make adjustments," Obama said. But the president insisted that there is "no reason" the country should go over the fiscal cliff, the name given for what will happen on Jan. 1 if no budget compromise is reached, allowing major spending cuts to go into effect and the Bush tax cuts to expire. Obama insisted this is a "self-inflicted crisis" that Republicans are putting the country through, and that House Speaker John Boehner's plan "defies logic." Read it at Talking Points Memo GLASS CEILING 5. Park Wins South Korean Election Sixty-year-old Park Geun-hye won South Korea's presidential election after her opponent conceded the race. The conservative politician spent 15 years in politics as a leading legislator in the ruling Saenuri Party. Though she is unmarried and has no children, she served as South Korea's first lady during her father's presidency, after her mother was assassinated. Park's father, Park Chung-hee, was president of South Korea for 18 years and helped transform the country after the Korean War, though his opponents called him a "dictator." Park will begin her five-year term in February. Read it at Reuters REACTION President Calls for Gun Control Asks Congress to pass by January. AFGHAN MASSACRE Army to Seek Death for Robert Bales Accused of killing 16 in Afghanistan. RIP Conservative Jurist Bork Dies at 85 Supreme Court nomination was famously rejected. SO IN RIGHT NOW 'Girls' to Get Nail-Polish Line Set of four colors will cost $45. Tik Tok Ke$ha Apologizes for 'Die Young' As stations race to pull song after Newtown shooting. GET The Cheat Sheet A speedy, smart summary of news and must-reads from across the Web. You'll love the featured original stories on politics, entertainment, and more from The Daily Beast's diverse group of contributors. GET Culture Beast Weekly cultural recommendations from The Daily Beast. Obama: 'Words Need To Lead To Action' The gun control debate has raged since last Friday's Newtown massacre, but now President Obama is initiating a tangible response. In a Wednesday speech replete with anti-violence appeals, he appointed Joe Biden the head of a task force charged with devising a "set of concrete proposals" by January. More Videos Latinos Favor Gun Control by Adam Winkler Year of the 'God Particle' by Abby Haglage Rising Stars of 2013

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