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WASHINGTON — Treasury Secretary Henry Paulson said Wednesday that the best option for the future of Fannie Mae and Freddie Mac could be for the mortgage giants to be run like public utilities. In what could be his last speech as secretary, Paulson ... Read all

Paulson: Replace Fannie, Freddie - Denver Post
WASHINGTON -- The Bush administration abandoned efforts Wednesday to finalize a landmark increase in fuel efficiency standards, leaving a difficult decision to President-elect Barack Obama's administration in his first two months in office. The move ... Read all

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NEW YORK — A debate has been raging in New York over the fact that Bernard Madoff remains free on bail, spending his days in his luxury Manhattan penthouse despite being accused of the largest financial fraud in history. Investors, editorial ... more...

Investors want Madoff jailed now - Nashville Tennessean
Adolf Merckle, 74, a German billionaire, committed suicide after his business empire ran into trouble in the financial crisis, throwing himself in front of a train near his home, authorities and his family said. Mr. Merckle's body was found Monday in ... more...

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