thursday would be a hugely embarrassing spectacle for this powerful democrat. that's the deal here, cut a deal to avoid that. while we certainly don't know all of the potential ethical violations rangel is facing, we know some of them they read like a list. we know he failed to pay taxes on $70,000 for rental earnings on a villa that he owns in the dominican republic, a no-no for the guy who heads up the tax writing committee in the house. several rent-controlled apartments in his harlem building, saving hundreds of dollars per month. also failed to disclose hundreds of thousands of dollars in assets. it's a litany. we know he has been admonished by this very ethics committee back in the winter, anderson, for failing or really accepting corporate-sponsored travel, also a very big no-no for members of congress. >> the list is extraordinary, especially for the guy who is overseeing tax laws in the