IMF leads global push for euro zone to boost firewall
(Reuters)
Reuters - International Monetary Fund chief Christine Lagarde led a global push on Saturday for the euro zone to boost its financial firewall, saying "if it is big enough it will not get used."
Reuters - Germany is pushing for Greece to relinquish control over its budget policy to European institutions as part of discussions over a second rescue package, a European source told Reuters on Friday.
AP - President Barack Obama is pressing his case for changes in how the Senate does business, hoping to ease the partisan gridlock, and he wants to bar lawmakers from profiting from their service.
Reuters - Police arrested four current and former staff of Rupert Murdoch's best-selling Sun tabloid and a policeman on Saturday in a probe into suspected payments by journalists to officers for information, police and the newspaper's publisher said.
AP - The Republican presidential contenders are making a pitch to voters that sounds a lot like a children's game: Follow the leader.
Subpoenas issued to financial firms in expanded probe
(Reuters)
Reuters - The Justice Department issued civil subpoenas to 11 financial institutions as part of a new effort to investigate misconduct in the packaging and sale of home loans to investors, Attorney General Eric Holder said on Friday.