Top executives at one of Switzerland's biggest banks said today they're sincerely trying to prevent tax evasion by U.S. citizens. They also said conflicting laws in the two countries make it almost impossible to do that. The chief executive of Credit Suisse appeared before the Senate Permanent Subcommittee on Investigations, which has been looking into the use of secret Swiss bank accounts by Americans.
Texas tycoon R. Allen Stanford, who conned investors in a $7 billion Ponzi scheme, arrives in custody at the federal courthouse for an Aug. 2010 hearing in Houston.
Credit David J. Phillip / AP
The U.S. Supreme Court ruled today that investor lawsuits may go forward against investment advisors and others for allegedly helping Texas tycoon Allen Stanford in a massive fraud.
Stanford was sentenced to 110 years in prison for bilking investors in a $7 billion Ponzi scheme. The investors who lost money are suing others involved in the scheme, contending that they also engaged in misleading conduct.
Blair Roberts, a 22-year-old sales associate at Colorado E-Smokes, "vapes" with an electronic cigarette in the Aurora, Colo., store. In the absence of federal rules, Colorado is among states that considered its own age requirements for the nicotine-delivery devices.
Credit Ed Andrieski / AP
In a scene from the new season of the popular Netflix political drama House of Cards, the elegant Claire Underwood catches her soon-to-be vice president husband puffing an e-cigarette.
"You're cheating," she says, referring to their efforts to quit smoking.
"No, I'm not," Congressman Francis Underwood replies. "It's vapor ... addiction without the consequences."
A Washington-based drama with an implicit endorsement of "vaping" — the practice of partaking in nicotine without burning tobacco?
President Obama and Speaker John Boehner were all smiles at a rare White House meeting Tuesday. But their relationship has more often been marked by angry finger-pointing.
Credit Jacquelyn Martin / AP
If more were actually getting done in Washington, there probably would be much less attention focused on how few times President Obama and Speaker John Boehner have met face-to-face, and on their "relationship."
But Congress is testing new lows in terms of legislative productivity, which leaves plenty of time for journalists to muse about the president-speaker relationship, such as it is, on the day of one of their rare meetings.