SPB News for Tuesday.

Citigroup's $1.1 Trillion of Mysterious Assets Shadows Earnings — At an investor presentation in May, Citigroup Inc. Chief Executive Officer Vikram Pandit said shrinking the bank's $2.2 trillion balance sheet, the biggest in the U.S., was a cornerstone of his turnaround plan.

McCains to Profit on Anheuser, InBev Deal — T. W. Farnam reports on the presidential race. — Cindy McCain, wife of Republican presidential candidate John McCain, is set to get a huge payout from the sale of Anheuser-Busch Cos., brewer of Budweiser and hundreds of other brands, to Belgian beverage giant InBev NV.

Terrorist Watch List Hits One Million Names

Lawyers Want Detainees to Testify in Terror Trial Attorneys for Salim Ahmed Hamdan said Monday that they intend to call other prisoners to testify at his upcoming military trial here, entangling the landmark proceeding in yet another difficult legal issue. The lawyers representing Hamdan, Osama bin Laden's former driver, said the eight prospective witnesses include Khalid Sheik Mohammed, the self-described [after waterboarding] mastermind of the Sept. 11, 2001, terrorist attacks, who is being held at the U.S. military prison here along with Hamdan and about 265 other captives.

Grave mistake to attack Iran, warns Syria Bashar al-Assad, the Syrian president, warned yesterday that any attack on Iran's nuclear programme would have grave consequences for the US, Israel and the whole world. But Assad, Iran's most important Arab ally, also promised to discuss the issue with Tehran, suggesting that Syria, itself shunned by the US, could mediate in a crisis which has escalated, with Iranian and Israeli sabre-rattling in the last fortnight.

Embedded Photojournalist Accuses US Military of Censorship After Being Barred for Publishing Photo of Dead Marine (Democracy Now!) An American photojournalist who was embedded with the Marines in Fallujah has been barred from the Marine Corps because of graphic photographs showing Marines killed in a suicide bombing last month. A few hours after he posted some photos of the bombing on his blog, a high-ranking public affairs official ordered him to remove it. When he refused, he was told his "embed" had been terminated and he would be flown out of Iraq.

Canada to deport U.S. war deserter U.S. army deserter Robin Long is slated to be deported back to his army base in Fort Knox, Ky., Tuesday, which would make him the first resister to the U.S. war effort in Iraq to be sent out of Canada. Madam Justice Anne Mactavish of the Federal Court of Canada cleared the way for the deportation late Monday, dismissing a last-ditch attempt to delay the process while the 25-year-old pursued further appeals.
Prosecutor flagged by US terror watch list The Justice Department's former top criminal prosecutor says the government's terror watch list likely has caused thousands of innocent Americans to be questioned, searched or otherwise hassled. Former Assistant Attorney General Jim Robinson would know: he's one of them. Robinson joined another mistaken-identity American and the American Civil Liberties Union on Monday to urge fixing the list that's supposed to identify suspected terrorists.

Blind Faith: How Deregulation and Enron's Influence Over Government Looted Billions from Americans --Sen. Gramm, White House Must Be Investigated for Role in Enron's Fraud of Consumers and Shareholders --Public Citizen's Critical Mass Energy & Environment Program December 2001 After passage of Gramm's energy commodity deregulation bill in December 2000, Stage 3 emergencies increased from one to 38 until federal regulators helped end the crisis by imposing price controls in June 2001.

Analysts say more U.S. banks will fail As home prices continue to decline and loan defaults mount, U.S. regulators are bracing for dozens of American banks to fail over the next year. The troubles are growing so rapidly at some small and midsize banks that as many as 150 out of the 7,500 banks nationwide could fail over the next 12 to 18 months, analysts say. Other lenders are likely to shut branches or seek mergers.

Elizabeth Edwards pays tribute to Tony Snow.
Early on Saturday morning, former White House press secretary Tony Snow passed away from colon cancer at the age of 53. In an essay on Newsweek.com, Center for American Progress Senior Fellow Elizabeth Edwards writes about how she was diagnosed with a recurrence of her own cancer within days of Snow’s diagnosis last year. Edwards reveals how Snow’s death serves as a poignant reminder of her own mortality and of the things that really matter in life:

Tony Snow has died. And lots of people who valued the same things Tony did — a family well-loved and work well-done — have died and will die of colon cancer, those who have preceded Tony and those who will follow him. Can’t we start with something easy on which we can agree? That no one should die of a disease we can find and stop?

Defense lawyer drops his pants to demonstrate his clients’ mistreatment at Guantánamo Bay.
David H. Remes, an American lawyer representing 15 Yemenis currently challenging their detention at Guantánamo Bay, recently made his seventh trip to Yemen to meet with his clients’ families and “to do what I can to promote the cause of these men.” During a recent press conference in Yemen, Remes promoted their cause by “demonstrating the mistreatment” and humiliation suffered by his clients at the U.S. detention facility in Cuba: