Things we're reading today include:
- Fannie and Freddie no model for UK housing
- JPMorgan upbeat on Indian activity
- Northern Rock and Bradford & Bingley 'bad bank' is confident of paying £43.4bn
- VIDEO: UK unveils banking stability rules
- U.S. approves Nasdaq payback plan for Facebook IPO, UBS unhappy
- Wall Street worries about PayPal's real-world expansion
- Revamped Cyprus deal to close bank, force losses
- Wall Street ends lower on renewed Cyprus worries
- Asian shares, euro spooked by Cyprus bailout details
- Cyprus crisis: Anxious times for residents