Money Magazine’s new list of best mutual funds. Plus: 5 perfect money makeovers. More Info…

AP - Former Fannie Mae chief Franklin Raines and two other top executives have agreed to a $31.4 million settlement with the government announced Friday over their roles in a 2004 accounting scandal. More Info…

Admit it. you want to see some justice handed out on Wall Street. Thanks to the Great Mortgage Panic of 2008, your home value is tumbling, credit is harder to get and the job market may turn a lot tougher. And let’s not even talk about your 401(k) balance. More Info…

Coping in a market like this requires patience and prudence (and maybe a few dividends). More Info…

Reuters - National City Corp, a large U.S. Midwest bank, said on Monday it is raising $7 billion and slashed its dividend after mortgage and home equity problems led to its third straight quarterly loss.

More Info…

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