Facebook is trying to hire Robert Gibbs, former White House press secretary, according to a report in The New York Times. Gibbs would manage the social network's communications ahead of an IPO next year.
Leigh Gallagher from Fortune Magazine and Felix Salmon from Reuters help review the week in Wall Street. This week: the auto industry affected by Japan, Portugal's debt and the plunge in home sales.
The $700-billion government bailout saved the U.S. from a depression, according to a congressional watchdog. But it also had a downside for our economy.
This week, the federal government will head to court for what may be the biggest insider trading case in decades. Fortune Magazine's Allan Sloan say many on Wall Street will be watching closely.
What's a good way to lose money in the market? Buy high and sell low. A surprising number of people are doing exactly that. Jason Zweig, of the Wall Street Journal, talks about this emerging class of so-called "Sheepish Bulls."