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.
European Parliament votes for new hedge fund rules (Headlines)
Members of the European Parliament have voted 513 to 92 in favour of new rules that will regulate hedge funds and private equity funds on a pan-European basis for the first time.