• The Carlyle Group will pay $20 million to end an investigation by Andrew Cuomo into its dealings with pensions and placement agents. [NYT, WSJ]
• Two attorneys at the SEC are under investigation for insider trading. [CBS]
• Hedge fund manager Jim Simons is facing tough questions from angry investors who put money into one of Simons' under-performing funds. [WSJ]
• Barclays is in talks to sell its Barclays Global Investors. Blackrock and Bank of New York Mellon are two of the bidders. [BN, Reuters]
• Six major insurance companies are getting a bailout. [BN, NYT]

• Federal officials are pressuring BofA to change up its board. [WSJ]
• President Obama's offensive against the credit card industry goes on. [NYT]
• Who will eventually take over from John Mack at Morgan Stanley? James Gorman appears to be the frontrunner. [NYT/BV]
• Mitsubishi UFJ is no longer buying one of Citigroup's Japanese units. [DB]
• GMAC has a new name. [WSJ]