By Jonathan Stempel NEW YORK (Reuters) - Stephen Walsh, a former minority owner of the New York Islanders professional hockey team, has decided not to withdraw his guilty plea to swindling investors in a $554 million fraud, even after a federal judge said he deserved the maximum 20 years in prison. Walsh, 70, will instead try to persuade U.S. District Judge Miriam Goldman Cedarbaum in Manhattan to impose a lesser punishment. In a letter to the judge, his lawyer indicated that federal prosecutors will not oppose the effort. ...
SEOUL, South Korea (AP) — A South Korean court convicted three relatives of the sunken ferry's owner and other associates for corruption on Wednesday, about four months after the tycoon was found dead on the run.
Hiding out in a gritty slum, a politically connected couple believed to have ordered an attack that killed six people and left 43 students missing in September tried to lie low as dozens of federal agents staked out their suspected hiding spots.
WASHINGTON (AP) — With sweeping victories that exceeded their own sky-high expectations, the GOP has dealt President Barack Obama and Democrats the most devastating electoral defeat of his presidency. Their prize is full control of Congress, and with it, the power to shape the direction of America's government in the next two years.