There's delicious irony in the thought of a prominent politician being caught in the convoluted web of the tax disaster that he and his like have foisted on the American people.

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Incidentally, the biggest investment brain in the world got caught up tangentially in the subprime mortgage web.

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In his opening remarks Monday, in what is expected to be a lengthy trial, Assistant U.S. Attorney Steven Durham returned repeatedly to the image of Mr. Clemens caught up in a web of his own weaving, citing the famous poem by Sir Walter Scott.

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The industry is also caught in a web of inter-enterprise debt: it owes 7 billion hryvnyas to its workers and suppliers, and is in turn owed 3 billion hryvnyas by its customers, mostly power stations.

ECONOMIST: Ukraine

Clinton and independent council Ken Starr traded reports and rebuttals on the "Zippergate" sex scandal last month, users of the World Wide Web, the popular segment of the global Internet, who were caught in the crossfire stopped regarding the Net as a mere adjunct to democracy.

CNN: BELIEVE IT OR NET

Just have a look at hedge fund biggie Raj Rajaratnam, blithley protesting his innocence of criminality in the biggest inside information trial ever, despite 19 guilty pleas by others caught in his dishonest web.

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Tunisian investors wary of getting caught in this web preferred to forgo business ventures and instead bought property or stashed funds abroad, continued the cable, so dampening growth and helping to sustain high unemployment.

ECONOMIST: Tunisia

Motorola prevailed by asking Chinese Web company Baidu to be the default search engine on its phones, but could get caught in a second round of intrigue if Google exits the Chinese market completely, as it has threatened.

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