"In Washington, the finger-pointing has already begun. Sheila C. Bair, the chairwoman of the Federal Deposit Insurance Corporation, said on Thursday that she planned to call on some banks to strengthen their authentication procedures when customers log onto online accounts. That’s on top of new data security rules that federal regulators are completing"
Will there be more Stimulus?[Washington Post] "The slowing recovery has given rise to talk of a new round of economic stimulus, including discussions at the White House about allowing employers to take advantage of a temporary payroll tax holiday that currently benefits only workers."
Goldman will settle suit for $10 million [Bloomberg] "Goldman Sachs Group agreed to pay a $10 million fine and stop holding private meetings of stock analysts and traders known as “huddles” to settle an investigation by Massachusetts’s chief securities regulator."
"God bless....Bank of America?" [CNN Money via Fortune] "'"They are being killed for being patriotic, taking over Countrywide," Berkowitz blathered Thursday on Bloomberg television. "One day it will serve a good purpose of making loans.'"