Confusing rewards

Capuano breaks news to Stumpf et al: “America doesn’t trust you any more.” (AP)

Reid rolls Pelosi in stimulus negotiations? (Politico)

Sage confesses bafflement over mortgage market, justifies Fed‘s inaction by insisting no one recognized bubble. (CNBC)

700 Merrill execs got million dollar bonuses on eve of BofA merger, Cuomo finds. (Bloomberg)

Under new management, Harvard’s endowment cut US equity holdings drastically in face of market instability. (NYT)

Wife of Madoff withdrew $15 million from brokerage before husband‘s arrest. (CNN)