Obama speaks from Cairo

From Cairo, Obama calls for “new beginning” in US-Middle East relations, outlines no peace plan. (FT)

With banks unwilling to mark down holdings, FDIC cancels loan sell-off program. (NYT)

FDA chief tells House committee that food safety bill proposed by Democrats is a “major step in the right direction.” (NYT)

According to Grassley letter, SEC is probing Lehman research for improper trading surrounding upgrades and downgrades. (WSJ)

Chamber of Commerce, groups of banks and insurers are lobbying Geithner to delay accounting rule requiring them to bring off-balance sheet vehicles onto their books.  (WSJ)