Monday, March 10, 2008

Spitzer apologizes to family, public; future uncertain

Date: Mon, 10 Mar 2008 21:06:03 (GMT)
Spitzer apologizes to family, public; future uncertain

New York Gov. Eliot Spitzer apologizes to the public and his family
after a newspaper reported that he arranged to meet with a high-priced
prostitute in a Washington, D.C. hotel, but the state's chief executive
did not disclose whether he would stay in office.

Gasoline lags crude spike, but $4-a-gallon prices look likely

Retail gasoline prices haven't kept pace with the historic rally in the
crude-oil futures market, but the cost of filling up the gas tank is
still on the rise despite the fuel being in plentiful supply
domestically.

Fitch to keep rating MBIA, says insurer requested info destroyed

MBIA Inc. expects $200 million in mark-to-market losses from its credit
derivative business and said Fitch Ratings' insurer-financial-strength
ratings can cause serious volatility in how the company is viewed in the
equity markets. MBIA's chief executive in a letter to shareholders
defended the bond insurer's decision to ask Fitch to withdraw its
ratings and also said the company has started to generate new business.

McDonald's February sales top expectations

Consumers, lured by cheap meals, inexpensive coffee and new breakfast
menu items, flocked to McDonald's last month.

Countrywide shares slide on FBI fraud-probe report
Shares of mortgage banker lose ground, undermined by a weekend report
that the FBI is investigating the possibility of securities fraud.

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