1 Microsoft gets a little Facebook
Microsoft bought a 1.6% stake in the social networking site for $240 million, which took the site's value to $15 billion. This made the 20% stake owned by founder and Harvard dropout Mark Zuckerberg, 23, worth $3 billion.
2 Sub-prime meltdown
Rates for sub-prime mortgages jumped, causing economy-wide problems, including stalled IPOs and buyouts. Treasury officials and mortgage lenders will work together to staunch the bleed.
3 Sallie Mae buyout crumbles
SLM Corp., parent of Sallie ...