Restaurant Owners, Managers Take Plea In Tax Evasion Case

The plea, in U.S. District Court in Manhattan, marks the death knell for one of Switzerland’s most storied banks, whose original European clients pre-date the American Revolution. It is also potentially a major turning point in a battle by U.S. authorities against Swiss bank secrecy.

The owner of a Massachusetts restaurant thought that he knew what service dogs look like, and the terrier in his dining didn’t fit the profile. “It just looked like a regular mutt,” he told a reporter.

This week's U.S. Open has already had its share of odd moments and quirks. But no moment has been more odd than what happened to Carl Pettersson on the fifth hole. Just as Pettersson was beginning his shot from the fairway, another ball came in from the second hole and collided with Pettersson's ball. What are the odds? A split-second later and Pettersson might not have been able to stop his swing. According to the rules, Pettersson was allowed to move his ball back to where it was before and Brandon Crick was allowed to play his ball from where it stopped.

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Phillies center fielder Ben Revere turned in an early candidate for catch of the year, robbing Todd Frazier of the Cincinnati Reds with a diving catch on a ball over his head. And to add to the greatness of the catch, Revere kept his head in the situation, got up, and fired to first base for the double-play. Here are two views of the catch as well as the reaction by the Phillies pitcher (via ESPN)...

(Reuters) - A former banker at giant Swiss financial institutions UBS AG and Credit Suisse Group AG pleaded guilty on Tuesday to helping wealthy Americans hide millions of dollars from U.S. tax authorities during his time at UBS. In a key case in a U.S. government crackdown on offshore tax evasion, Christos Bagios changed his plea to guilty in a court in Florida. He had earlier pleaded not guilty. Lawyers said the change in plea, which had been expected, likely indicated Bagios was cooperating with U.S. authorities. A Greek citizen and Swiss resident, Bagios worked at UBS from 1999 to 2005.

WASHINGTON — In a spectacular fall from political prominence, former U.S. Rep. Jesse Jackson Jr. and his wife agreed Friday to plead guilty to federal charges growing out of what prosecutors said was a scheme to use $750,000 in campaign funds for lavish personal expenses, including a $43,000 gold watch and furs.