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The Indiana Daily Student

British court: US asked detainee to drop torture claim

Monday, March 23,2009 10:36 p.m.

 U.S. authorities asked a Guantanamo Bay detainee to drop allegations of torture and agree not to speak publicly about his ordeal in exchange for his freedom, according to British court documents.

The Indiana Daily Student

DEA looking for cash tossed on Calif. freeways

Sunday, March 22,2009 10:16 p.m.

Federal drug agents plan to review video of a freeway chase in San Diego to identify motorists who haven’t turned over thousands of dollars in cash that fleeing suspects threw out of their truck.

The Indiana Daily Student

Gibbs: Deficit won't hurt plan to cut red ink

Friday, March 20,2009 3:23 p.m.

WASHINGTON — The White House says new projections of spiraling budget deficits won't stop President Barack Obama from achieving his goals or keeping his promise to cut the country's red ink in half within four years.

The Indiana Daily Student

AIG CEO: employees starting to return bonuses

By JIM KUHNHENN · Wednesday, March 18,2009 2:21 p.m.

WASHINGTON  — The head of financially strapped AIG is telling Congress he's heard the rage over executive bonuses and has called on employees to voluntarily return at least half of the money.

People leave an AIG office building Tuesday, March 17, 2009 in New York.

73 AIG execs receive $1M bonuses

Tuesday, March 17,2009 3:44 p.m.

ALBANY, N.Y. – Troubled insurance giant American International Group paid bonuses of $1 million or more to 73 employees, including 11 who no longer work for the company, New York Attorney General Andrew Cuomo said Tuesday.

AIG offices in New York are shown on March 2. American International Group Inc., once the world's largest insurer, said Monday it lost $61.7 billion in the fourth fourth, the biggest quarterly loss in U.S. corporate history, amid continued financial market turmoil. The results come as the U.S. government also Monday announced a restructuring of a bailout plan for the troubled insurer, extending $30 billion in additional aid to the company for a total bailout topping $170.

Obama asks Geithner to block AIG bonuses

By Tom Raum · Monday, March 16,2009 12:45 p.m.

WASHINGTON — President Barack Obama declared Monday that insurance giant American International Group is in financial straits because of "recklessness and greed" and said he intends to stop it from paying out millions in executive bonuses.

The Indiana Daily Student

‘Deeply sorry’ Madoff pleads guilty to swindle

Thursday, March 12,2009 10:38 p.m.

Saying he was “deeply sorry and ashamed,” Bernard Madoff pleaded guilty Thursday to pulling off perhaps the biggest swindle in Wall Street history and was immediately led off to jail in handcuffs to the delight of his seething victims.

The Indiana Daily Student

Helicopter with 18 aboard ditches in Atlantic

Thursday, March 12,2009 10:37 p.m.

Rescuers searched freezing waters for 17 missing people Thursday after the craft reported mechanical problems and ditched into the Atlantic Ocean off Newfoundland, officials said.

The Indiana Daily Student

A 'sorry and ashamed' Madoff pleads guilty

By Larry Neumeister and Tom Hays · Thursday, March 12,2009 1:15 p.m.

NEW YORK — Saying he was "deeply sorry and ashamed," Bernard Madoff pleaded guilty Thursday to pulling off perhaps the biggest swindle in Wall Street history and was immediately led off to jail in handcuffs after his seething victims applauded in the courtroom.

The Indiana Daily Student

US Embassy in Sudan warns Americans to leave

Wednesday, March 11,2009 10:55 p.m.

The U.S. Embassy in Sudan authorized nonessential staff and family to leave the country, saying Tuesday that protests against the International Criminal Court’s indictment of the Sudanese president increased the danger of anti-Western violence.

The Indiana Daily Student

Court upholds rejection of blood contract

Wednesday, March 11,2009 10:54 p.m.

The Fourth District Court of Appeal in Santa Ana agreed with a lower court Tuesday when it ruled that a contract written in blood between two Korean businessmen is unenforceable.

The Indiana Daily Student

Pakistan arrests 100s of activitists, bans rallies

Wednesday, March 11,2009 10:38 p.m.

Pakistan arrested hundreds of opposition activists Wednesday and banned protests in two regions ahead of a planned rally outside Parliament that could weaken the already shaky rule of the country’s U.S.-allied government.

U.S. and South Korean Marine soldiers conduct a Force-on-Force drill during the joint U.S.-South Korean military exercises Key Resolve/Foal Eagle 2009 at Rodriguez Range in Pocheon, north of Seoul, South Korea, Tuesday. North Korea put its troops on alert and cut the hot line Monday as the American and South Korean militaries began joint maneuvers. The communist regime warned that even the slightest provocation could trigger war during the 12-day drills.

North Korea accuses Obama of interference

Wednesday, March 11,2009 10:37 p.m.

North Korea took its first swipe at President Barack Obama on Wednesday, accusing his administration of meddling, though the communist country somewhat toned down its recent harsh military rhetoric.

The Indiana Daily Student

Teen gunman kills self after slaying 17 in Germany

Wednesday, March 11,2009 10:34 p.m.

A 17-year-old gunman dressed in black opened fire inside his former high school in southwestern Germany on Wednesday, killing 17 people before he turned the gun on himself, authorities said.

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