At a hearing in Washington on March 6, Attorney General Eric Holder admitted to senators why it has been hard to go after big bank executives:
"It does become difficult for us to prosecute them when we are hit with indications that if you do prosecute, if you do bring a criminal charge, it will have a negative impact on the national economy, perhaps even the world economy. And I think that is a function of the fact that some of these institutions have become too large."
Originally published on Fri March 15, 2013 6:44 am
First, Russian President Vladimir Putin granted citizenship to French actor Gerard Depardieu. Now, Putin is hobnobbing with the actor Steven Seagal. The star of Under Siege toured a new sports facility with Putin, who used the occasion to call for reviving a Soviet-era fitness program in which kids threw javelins, learned to ski and fired guns.
Originally published on Fri March 15, 2013 6:42 am
Reba Williams of Columbus, Ohio, finished her last class back in 1925. But the 106-year-old didn't receive her high school diploma until Wednesday. Her daughter told the Mansfield News-Journal that young Reba, who was a good student for all 12 years, was headstrong. She refused to read a book assigned by her teacher that she'd already read and didn't like.
Originally published on Fri March 15, 2013 7:01 am
Ten days after his death, Hugo Chavez's remains are being moved to a museum after being on display at a military academy. The government has been debating what to do with the body long term. His political heirs simply say they want to keep his memory and image alive.
During the March Madness of 1963, playing was infused with politics. The NCAA matchup between Loyola University of Chicago and Mississippi State helped put an end to segregated basketball. Loyola's win 50 years ago became known as the "game of change."
At the time, college basketball was still predominantly white, with usually no more than two or three black players appearing on the floor at any one time. But in '63, the Loyola Ramblers' starting lineup featured four black players.
Next week marks the 50th anniversary of the landmark Supreme Court decision in which the justices unanimously ruled that defendants facing substantial jail time deserved legal representation in state courts, even if they couldn't afford to pay for it.