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Sen. Robert Menendez wrote to the Fed last July asking it to approve a bank takeover that would have kept two of his campaign contributors from losing their investments in the ailing bank.
Broken-heart syndrome mimics a heart attack but is brought on by acute emotion or physical trauma. But patients usually fully recover with no lasting heart damage.
With no blueprints for the future and no clear exit strategy for the government, Fannie and Freddie are focusing for now on the U.S. loan-modification program.
UBS reported its first net profit in five quarters, but continued to lose assets from wealthy clients, underlining that the Swiss bank has yet to regain trust it lost during the financial crisis.
The massive national China Investment Corp. provided the closest look yet at its politically sensitive holdings, in an SEC filing that revealed that it has accumulated small stakes in more than 60 U.S. companies but is making big bets outside the U.S.
