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Norman Hsu raised millions for Democratic candidates, writing big checks and bundling even more. All that has changed, as news of Hsu's bankruptcies and questionable business practices have made headlines.

As leaders of the world's industrial powers gathered in St. Petersburg, Russia, for the G-8 summit, the focus was on tensions in the Middle East. Meanwhile, President Bush and Russian President Vladimir Putin remained at odds.

As the Mideast crisis continues to intensify, the head of Lebanon's militant group Hezbollah declares "open war," and Israel says it will not stop its military campaign until Hezbollah is disarmed.

President Bush appeals directly to Muslims to assure them that the United States is not waging war with Islam. Denouncing extremists, he lays out a vision for peace in the Middle East before skeptical world leaders at the United Nations.

New music from Ryan Adams; A boxing metaphor from Aimee Mann; A bluegrass classic with Doyle Lawson; The ghostly sounds of Liz Durrett; From the Elephant 6 collective: Of Montreal and more.

This wasn't the strongest year for hip-hop, but 2007 still featured some excellent releases that pushed the genre's boundaries, as well as a few records that reveled, old-school style, in great beats and rhymes.

President Bush acknowledges the existence of secret CIA prisons around the world and says 14 high-value terrorism suspects have been transferred from the system to Guantanamo Bay for trials.

The Federal Reserve on Tuesday slashed a key interest rate by three-quarters of a point, making it cheaper for banks to borrow. Banks may eventually pass the savings to consumers in the form of lower interest rates for loans, but the interest that consumers earn on savings can also go down.

Father Donald McGuire was convicted last year of sexually abusing two teenaged boys in the 1960s. Jesuit leaders insist they had no knowledge of any other abuses by McGuire, but documents reveal they were alerted by concerned parents many times over the past 38 years.

Iraq's Prime Minister Nouri al-Maliki says that locals in an area about 35 miles north of Baghdad tipped off the government to Abu Musab al-Zarqawi's location several weeks ago. That information was then passed along to U.S. officials, who used it to kill Zarqawi and seven associates with an airstrike Wednesday.

John Kenneth Galbraith -- social economist, Harvard professor, diplomat -- is dead at 97. His work influenced Roosevelt, Kennedy and Johnson and generations of U.S. politicians. He spoke to Howard Berkes in 1999.

It's been a year since an earthquake caused such devastation in the mountains of Pakistan. But the nightmare continues for Ira Riaz. Her husband was among the 73,000 people killed in the earthquake. Since then, she lost her son in a landslide caused by an aftershock. She now spends her days swatting the flies gathering on the wounded limbs of her nine-year-old daughter, Samia, who lost both her legs in the landslide that killed her brother.