No Deal: AT&T on Monday ended its effort to buy T-Mobile USA, acknowledging that it could not overcome stiff opposition by the Obama administration to form the nation's biggest cellphone service provider, The New York Times reports.
Lobby Pay: The sluggish economy hasn’t stemmed the flow of cash into Washington’s influence industry, where the heads of many special interest groups still take home hefty pay packages — even some who were at the helm when their group suffered a major political loss, Politico reports
Fading: Former House of Representatives Speaker Newt Gingrich's status as the front runner for the 2012 Republican presidential nomination is fading after weeks of attacks by rivals and intense media scrutiny of his political record and personality, Reuters reports.
Undercover: Police officers in Washington posing as gangsters, crooked businessmen and bodyguards helped snag $7.2 million in cocaine, PCP and other drugs, buy and capture 161 weapons, and make 70 arrests in what authorities said was one of their most important weapons investigations in recent history, The Washington Post reports.
Amnesia?: R. Allen Stanford, accused of defrauding investors of more than $7 billion, has claimed he can’t recall family vacations, his business dealings or romantic encounters with women because “59 years were stolen” by a jailhouse beating and anxiety drugs. Prosecutors will argue that his memory loss is faked, Bloomberg reports.