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Michael Steinberg, the highest-ranking employee at the hedge fund to be convicted in an insider trading sweep, was found guilty on five counts of conspiracy and securities fraud.

The venerable New York investment firm Goldman Sachs has a long track record for producing political bigwigs. Treasury Secretary-nominee Henry M. Paulson Jr. has served as both chairman and CEO since 1999. The company boasts a return on equity of upwards of 40 percent.

Just a few weeks ago, pollster Bill McInturff characterized the high negative ratings for Congress and the president as "ripples that will take a long time to resolve." Now, with new polling that suggests even deeper voter frustration, he says the political climate is even worse than before.

Even as it loses its chief executive, the CIA's recently retired third-ranking official is under investigation for possible improper relations with a defense contractor, says Newsweek magazine correspondent Michael Isikoff. Federal investigators are investigating CIA Executive Director Kyle "Dusty" Foggo.

Philip Banks III was set to become Commissioner William Bratton's deputy. The reasons for his abrupt resignation are not clear.

The judges ruled it was unconstitutional and infringed on the government's responsibility to preserve Spain's cultural patrimony. Catalan lawmakers approved the ban in 2010, citing animal cruelty.

The Obama Library Foundation says it has major concerns about the proposals from two Chicago universities. The city's mayor, Rahm Emanuel, says he's confident that Chicago will beat out New York and Hawaii.

Delphi, the company that made the defective ignition switch in General Motors vehicles, has stayed out of the harsh glare in the recall scandal. But that changed Thursday, as Delphi's CEO joined GM CEO Mary Barra and GM's top lawyer for a grilling on Capitol Hill.

But the country with the highest prevalence of modern-day slavery is Mauritania. That's according to a report released Thursday by the Walk Free Foundation, an anti-slavery group. The numbers are in line with previous estimates from the U.N. and the State Department.

As Fed chair, Janet Yellen helped the central bank largely achieve its mandate to engineer full employment while keeping inflation at a level that fosters growth.