There are about a million different ideas out there on how to solve, and profit from, the housing meltdown. Here's the newest. The FDIC cut a first-of-its-kind deal to sell a portfolio of bad residential mortgages from a failed bank to a private equity group, while still maintaining an interest in those loans.    Read More

After hours, CNBC learned that AIG has hired JP Morgan to advise on raising new capital...   Read More

Following are the day’s biggest winners and losers. Find out why shares of Harley-Davidson and Capital One popped while eBay and Yum! dropped.   Read More

Financial stocks are enjoying a truly astounding rally. Now it's Merrill's turn to keep the bulls in charge or... renew worries about continuing losses from the credit crisis. Which will it be?   Read More