Late Tuesday Headlines

• Emmanuel Rahm was paid $260,000 to be Freddie Mac director in 2000-2001 (NYPost)
• Hedge fund consolidation to heat up (Bloomberg)
• Doug Kass: Fear and Loathing on Wall Street (TheStreet)
• More brokerage mergers coming (Reuters)
• $650 million in stimulus package for set top digital TV converter boxes sure makes sense (WSJ)
• Bubble-creator Greenspan says current measures unable to solve his mess (Bloomberg)
• Trump's image being flushed down the toilet (Reuters)
• The decline of California (WSJ)
• Dick Bove leaves Ladenburg to join Rochdale (DealBook), gets downgraded from Managing Director to VP, to continue working out of his Lutz, FL home office
• Euro trades near 10 week low as Europe's troubles worsen (Bloomberg)

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