A closely followed hedge fund manager known for correctly betting on the housing marketâ??s collapse four years ago purchased a small stake in the nationâ??s largest mortgage insurance company in a bet that the housing market has neared bottom.
Sarkozy calls for tighter regulation of commodity speculators (Headlines)
French President Nicolas Sarkozy called for tighter controls on the speculators he blames for spiraling food and energy prices, spelling out reforms to put more trading under the thumb of regulators.
Madoff trustee sues Kohn; says she was key to fraud (Headlines)
Austrian banker Sonja Kohn was a "criminal soul mate" of Bernard Madoff for 23 years, running an international network of banks and funds to help perpetrate the biggest fraud in financial history, a court-appointed trustee for the Madoff firm said on Friday.