People

In a chat with Warren Buffett, former Treasury Secretary Henry Paulson called on Congress to allow a special authority to wind down troubled financial institution without taxpayer-funded bailouts. He also predicted bailout money given to banks would be recovered -- with a profit.

Fed Chairman Ben Bernanke and a panel of top economists will go before a House committee to discuss the right way to remove the crutch of government stimulus from the economy so that it doesn't knock the nation back into recession.

The 33rd America's Cup taking place this week in Valencia, Spain, already seems destined to be remembered as one of the most vicious and brutal sporting events in history, as rival billionaires Ernesto Bertarelli and Oracle CEO Larry Ellison duke it out in the courts and the media -- and drive away fans and advertisers.

My alarm clocks always seem to break at the critical moment. But here are five outrageous alarm clocks that will definitely get you up to trade those Hong Kong futures in the middle of the night.
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What usually happens to the markets on days when the TICK indicator starts off extremely weak.
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Great interview with super-trader Doug Kass, covering his best trades ever and his market outlook for 2010.
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With social networking transforming the way people relate to each other, some fear technology "generation gaps" are increasing. Yet just as Mick Jagger's lips didn't end Western Civilization, the truth is texting, twittering and blogging will only increase connections between people and generations.

The Girl Scouts have sold cookies since their early years, bringing in $700 million a year. But sales slipped about 1% last year, prompting the group to look for new ways to get its message across. The result? They've posted a video on YouTube called "What can a cookie do?" which has attracted about 24,000 hits.

The philosophical ideas of three writers, taken to illogical extremes, have wreaked havoc on the world's economy. Here, a look at the danger of embracing the wisdom of James Surowiecki, Thomas Malthus, and Ayn Rand.

There's talk the Fed may shift its benchmark interest rate to the rate paid on bank reserves from the overnight rate it charges banks. The change could mean higher interest rates for many loans, and especially most credit cards for which rates vary as the prime rate goes up and down.

Jamie Dimon, the CEO of JPMorgan Chase (JPM), will receive a $15 million to $20 million 2009 pay package -- many analysts had expected he would make much more. But even "modest" compensation packages for Wall Street CEOs will almost certainly still stir trouble among many politicians who claim that banks bailed out with TARP money have no appreciation for taxpayer sacrifices.

President Obama is exhorting Americans to break the cable news habit. And he's right, because cable news emphasizes unimportant and visually sensational "news" instead of information with actual news value.