President Barack Obama is asking bank executives to support his efforts to tighten the financial industry, while bankers are prepared to tell the president he should stop oversimplifying their concerns if he wants good-faith collaboration.
An hourlong meeting between the president and the nation's top financial firms was shaping up to be a tense White House encounter on Monday, not least because of Obama's description of bankers on the eve of the talks as "fat cats."
Born in 1937, Albert L. Peter had never been charged with a single crime, until he stole $980 in quarters from Wildwood parking meters that he was supposed to be fixing.
Peter, 72, was sentenced to three years' probation and 90 days in jail Friday for the theft.
He was arrested in July after being seen placing two bank bags in his car. Peter had been working an $11-per-hour job as a seasonal city employee fixing broken meters at the time.
Rescuers recovered the body of a mountaineer and are searching for his companions, two days after the trio began climbing an especially treacherous face of Oregon's Mount Hood.
The three climbers began their ascent on the west side of the 11,249-foot mountain about 1 a.m. Friday and were due back several hours later in the afternoon, but failed to return
Police say at least 50 cars crashed in a chain-reaction collision on a wet Connecticut road that was turning icy, and 46 people reported minor injuries.
six people were taken to hospitals from the wreck that happened shortly after noon Sunday on state route 110. None of the injuries were life-threatening.
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