Big Bill: State attorneys general told five of the nation's largest banks on Tuesday they face a potential liability of at least $17 billion in civil lawsuits if a settlement isn't reached to address improper foreclosure practices, according to The Wall Street Journal.
Internet Regulation: Leaders of the Group of 8 industrialized countries are set to issue a provocative call for stronger Internet regulation, a cause championed by the host of the meeting, President Nicolas Sarkozy of France, but fiercely opposed by some Internet companies and free-speech groups, according to The New York Times.
Paid Back: The U.S. Treasury made a small profit when it sold a portion of its shares in American International Group Inc on Tuesday, but it was unclear how its investment in the beleaguered insurer will ultimately fare, Reuters reports.
Blood Trail: Evidence that Dominique Strauss- Kahn’s encounter with a hotel maid may have involved force, including reports of blood at the scene, might damage any defense contention that she consented, former prosecutors said, Bloomberg reports.
Competency Hearing: A judge may decide today if Jared Lee Loughner is mentally competent to stand trial, CNN reports. The Arizona man faces multiple charges -- including murder and attempted murder -- related to the January 8 mass shooting in a grocery store parking lot in Tucson.
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