Pressure Points: Morgan Stanley Chief Executive Officer James Gorman called on the investment bank's 30,000 employees to pressure U.S. lawmakers into reaching an agreement that averts the so-called fiscal cliff, Bloomberg reports.
Portrait of a Chairman: When he isn't chairing the Federal Communications Commission, Julius Genachowski enjoys a seat at a poker table. And as it turns out, he approaches cards much like he regulates: with great caution, the Washington Post reports.
Happy Birthday: Facebook has started an online gift service, hoping that the moneymaking potential of social gift giving will please its Wall Street investors, The New York Times reports.
Bank Fraud: The chief investigator probing Afghanistan's biggest financial scandal says he will stop at nothing to put the perpetrators in a multi-million dollar bank fraud behind bars, Reuters reports.
Elmo Suit: A second lawsuit was filed on Tuesday accusing Kevin Clash, the puppeteer who provided the voice of Elmo on "Sesame Street," of engaging in a sexual relationship with a minor, CNN reports.