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Carmelo Vasquez Guerra, a Venezuelan, was the DC9’s pilot who was said to have “escaped” from the airport while his airplane was being seized, and four other members of his crew were arrested.

He was later taken into custody by Mexican authorities, and charged with flying an airplane packed with 128 identical suitcases filled with cocaine.

Getting caught with 5.5 tons of cocaine would seem to call for some serious jail time. Reporters in Mexico assumed he’d been sent to prison for, like… forever.

So imagine reporter Francisco Gomez of Mexico City’s El Universal surprise when he made a startling discovery: Carmelo Vasquez Guerra—amazingly and inexplicably—had been released from prison less than two years after being arrested.

The shocking news was delivered via an international headline stating that a pilot named Carmelo Vasquez Guerra had been arrested in the West African nation of Guinea Bissau on a twin-engine Gulfstream II carrying… what else? 550 kilos—a half-ton— of cocaine.

The date of Vasquez’s West African arrest was July 13, 2008.

Mexican authorities had nabbed Carmelo Vasquez Guerra, Gomez learned, not long after authorities discovered him missing from the DC9.

How was it he was out of jail, less than two years later, Reporter Francisco Gomez asked.

Authorities in Mexico refused to discuss Vasquez Guerra’s release with reporter Gomez.

But news about Carmelo kept coming, and kept getting worse. Gomez discovered that Mexico was not the only country to arrest Vasquez Guerra for the presumably major offense of flying box-car sized loads of cocaine, only to let him go.

It’s happened in three. Caught and released under mysterious and unexplained circumstances. in Mexico, in Guinea Bissau, and in Mali, home of Timbuktu.

“If this country has been misled, if this committee, this Congress, has been misled by pretext into a war in which thousands of young men have died, and many more thousands have been crippled for life, and out of which their country has lost prestige, moral position in the world, the consequences are very great,” Senator Albert Gore Sr. of Tennessee, the father of the future vice president, said in March 1968 in a closed session of the Foreign Relations Committee.

…

Robert J. Hanyok, a retired National Security Agency historian, said Wednesday in an interview that “there were doubts, but nobody wanted to follow up on the doubts,” perhaps because “they felt they’d gone too far down the road.”

Mr. Hanyok concluded in 2001 that N.S.A. officers had deliberately falsified intercepted communications in the incident to make it look like the attack on Aug. 4, 1964, had occurred, although he said they acted not out of political motives but to cover up earlier errors.

But as CBS 2 HD found out taking it could end up costing you big-time.

“As far as I knew it was a piece of garbage sitting on the curb,” Paul Lawrence said.

But what Lawrence didn’t know when he decided to pick up a discarded air conditioner sitting on the sidewalk in Middle Village, Queens is that once trash hits the curb, it’s technically city property.

And he was breaking the law.

“There was a lady here. I asked the lady can I take the air conditioner. She said go ahead take it. It’s garbage,” Lawrence said.

But not only was he fined $2,000 by a sanitation officer who watched him do it, the car he was driving was impounded.

And its owner — Lawrence’s Aunt, 73-year-old Margaret Colavita, was also slapped with a $2,000 fine.

“I said what is this and she said well we have to serve you with this. You’re the owner of the car and it says I gave him permission,” Colavita said.

Department of Sanitation officials said it’s not always illegal to pick up something from the street. It’s only when you’re driving a vehicle that the law gets triggered.

Though a temporary fix, the accomplishment was greeted with hope, high expectations — and, in many cases along the beleaguered coastline, disbelief. From one Gulf Coast resident came this: “Hallelujah.” And from another: “I got to see it to believe it.”

The surgery, to insert a left ventricular assist device, was performed at Fairfax Hospital in Virginia.

Cheney, 69, has suffered five heart attacks, the first when he was 37. His most recent heart attack, described as “mild,” was in February, but late last month he was admitted to George Washington University Hospital for a few days after reporting he was not feeling well. He received medication to treat a fluid buildup related to his aggressive form of heart disease.

“A few weeks ago, it became clear that I was entering a new phase of the disease when I began to experience increasing congestive heart failure,” Cheney said in a statement. “After a series of recent tests and discussions with my doctors, I decided to take advantage of one of the new technologies available and have a Left Ventricular Assist Device (LVAD) implanted.”

A doctor, who is part of his medical team, told NBC News that Cheney is “doing well now,” but that the former vice president was short of breath and was experiencing “heart failure” before the device was implanted. He was “running on 3 cylinders. Now he’s on 8,” the doctor said.

The American Heart Association website defines the LVAD device as “a battery-operated, mechanical pump-type device that’s surgically implanted. It helps maintain the pumping ability of a heart that can’t effectively work on its own.”

The kind of heart pump that Cheney received can be implanted next to the heart to help its main pumping chamber, the left ventricle, pump blood through the body. Such devices are used mainly for short periods, to buy potential transplant candidates time as they await a donor organ.

But they are being studied for use as a permanent therapy for people with severe heart failure who are not transplant candidates.

About 5 million Americans have congestive heart failure, where the heart weakens over time, often as a result of heart attacks, and cannot pump enough blood. Heart transplants are one solution, but few patients find a donor and many are too old or sick for transplants.

The heart pump Cheney received, known as an LVAD for short, is not a cure, said Dr. Samer Najjar, medical director of the heart transplant and LVAD division at Washington Hospital Center. But by rerouting the blood to take over the job of the left ventricle, the pump relieves pressure on the heart.

And once patients recover from the open-heart surgery, they can experience a much better quality of life, said Najjar, who had no firsthand information about Cheney’s case.

The typical life expectancy of the recipient depends on whether the device is to be temporary and the person goes on to receive a heart transplant, or if the device is intended for permanent therapy. Recent studies suggest that 63 percent of patients who receive a permanent LVAD can survive two years, Najjar said. Those awaiting a heart transplant tend to have a slightly higher survival.

The Securities and Exchange Commission announced the settlement Thursday with the Wall Street titan, just hours after Congress gave final approval to legislation imposing the stiffest restrictions on banks and Wall Street firms since the Great Depresssion.

For Goldman, it was a chance to put behind it a case that had tarnished its reputation after it emerged relatively unscathed from the financial crisis. For the SEC, emerging from the embarrassment of a series of lapses, the charges and the settlement were a high-stakes opportunity to prove it could be tough on Wall Street.

And the agency’s sweeping investigation of the conduct of financial firms in the run-up to the mortgage market collapse could bring more cases.

The deal calls for Goldman to pay a $535 million fine and $15 million in restitution of fees it collected. Of the total $550 million, $300 million will go to the government and $250 million goes to compensate two European banks that lost money on their investments.

Hassan Nemazee (hah-SAHN’ nah-MAH’-zee) was sentenced Thursday in federal court in Manhattan.

He had reached a plea deal in March. He has admitted to three counts of bank fraud and one count of wire fraud.

Prosecutors say he forged signatures and concocted bogus account statements to conceal a scam in which he was using proceeds from new loans to pay off older ones.

The root problems of job losses and wage cuts persist, making a sustained U.S. housing recovery elusive.

Banks took control of 269,962 properties in the second quarter, up 5 percent from the prior quarter and a 38 percent spike from the second quarter of last year, RealtyTrac said in its midyear 2010 foreclosure report.

Repossessions will likely top 1 million this year.

“The underlying conditions haven’t improved,” RealtyTrac senior vice president Rick Sharga said in an interview.

The housing market still grapples with “unemployment, economic displacement in general, and still sits on over 5 million seriously delinquent loans that in all likelihood will at some point go into foreclosure,” he said.

In 2005, the last “normal” year in housing, Sharga said, about 530,000 households got a foreclosure notice and banks took over a comparatively minuscule 100,000 houses.