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ASSOCIATED PRESS Federal authorities say the case against Lee B. Farkas is one of the largest prosecutions arising from the nation's financial crisis.

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Demonstrators opposed to a state shutdown deliver signs to Sen. Amy T. Koch's office at the Capitol in St. Paul, Minn., on Thursday morning. A wide-ranging state government shutdown bore down on Minnesota on Thursday, threatening to shutter state parks on the brink of a holiday weekend and furlough thousands of workers if a budget deal wasn't struck by midnight. (Star Tribune via Associated Press)

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ASSOCIATED PRESS Comedy Central's Stephen Colbert collects cash donations on the sidewalk in front of the Federal Election Commission on Thursday after a hearing on his request to form a political action committee. The FEC said he can use his TV show's resources to boost his political action committee, but with accountability.

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ASSOCIATED PRESS GOP presidential candidate Mitt Romney talks to reporters Thursday at the Allentown Metal Works, Inc., manufacturing plant in Allentown, Pa. He blamed its closure on the “Obama economy.” But some politicians and business leaders disputed the direct correlation.

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**FILE** Senate Minority Leader Mitch McConnell (left), Kentucky Republican, speaks June 28, 2011, with reporters as Senate Minority Whip Jon Kyl, Arizona Republican, looks on, following a weekly Republican policy luncheon on Capitol Hill. (Associated Press)

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ASSOCIATED PRESS PHOTOGRAPHS Chuvit Kamolvisit, having his photo taken with campaign supporters, said he had to pay kickbacks to police to allow his brothel empire to fluourish. He's out of that business and is now running for a seat in parliament on an anti-corruption platform. He waves while campaigning (below).

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White House Press Secretary Jay Carney speaks during his daily news briefing at the White House on June 30, 2011. (Associated Press)

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Prince George's County Council member Leslie Johnson, wife of former County Executive Jack B. Johnson, leaves the U.S. District Courthouse in Greenbelt, Md., on June 30, 2011, after pleading guilty to corruption charges. (Rod Lamkey Jr./The Washington Times)

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In this image made from television, French President Nicolas Sarkozy shakes hands on June 30, 2011, with a crowd in Brax, France, after a man in a crowd grabbed him by the shoulder and nearly knocked him to the ground. (Associated Press/French pool)

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France Sarkozy_Live.jpg

In this image made from television, a man's hand is seen on the shoulder of French President Nicolas Sarkozy as the president shakes hands with a crowd in Brax, France, on June 30, 2011. A man in a crowd grabbed Sarkozy by the shoulder and nearly knocked him to the ground before being tackled by security officers and detained. (Associated Press/French pool)

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**FILE** Senate Minority Leader Mitch McConnell (right), Kentucky Republican, speaks to reporters on Capitol Hill in Washington on June 29, 2011, as Sen. Orrin G. Hatch, Utah Republican, looks on. (Associated Press)

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President Obama (center) and Adm. Mike Mullen (right), chairman of the Joint Chiefs of Staff, sit with outgoing Defense Secretary Robert M. Gates during a tribute to Mr. Gates on June 30, 2011, at the Pentagon. (Associated Press)

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**FILE** Senate Majority Leader Harry Reid, Nevada Democrat, speaks June 28, 2011, to reporters following the Democrats' weekly policy luncheon on Capitol Hill. (Associated Press)

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**FILE** Iranian Revolutionary Guard personnel watch the launch of a Zelzal missile during military maneuvers near Qom on June 28, 2011. (Mehr News Agency via Associated Press)

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President Barack Obama gestures during a news conference in the East Room of the White House in Washington, Wednesday, June 29, 2011. (AP Photo/Carolyn Kaster)

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Sen. Charles E. Schumer, New York Democrat, said the balanced budget amendment would make it harder for the wealthy "to chip in their fair share." (Associated Press)

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"If this week has shown us anything it's that the American people can't wait on Democrats to do the right thing when it comes to spending and debt and putting us on a path to balance the budget," said Senate Minority Leader Sen. Mitch McConnell, Kentucky Republican. Sen. Orrin Hatch, Utah Republican (left), also spoke in favor of a balanced budget amendment. (Associated Press)

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Rod Lamkey Jr./The Washington Times Online-poker foe Marie Drissel, testifying Wednesday before a D.C. Council panel, called estimates of anticipated revenues “fairy-tale numbers.”

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People wait for a bus outside a shuttered art center in Detroit. Mayor Dave Bing is challenging the Census Bureau's count that put the city's population below the important threshold of 750,000, the level needed to qualify for some state and federal aid programs. (Associated Press)

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Associated Press photographs U.S. Air Force and Army officers serving in Hungary pose with the new statue of former President Ronald Reagan in Budapest on Wednesday. The 7-foot-2 bronze statue honors Reagan for his efforts to free Hungary from the yoke of communism.