President Obama was back on the road talking about the economy today. Lately, he's been taking a trip or two a week all over the country with a different focus each time. Today, he was talking about housing in Phoenix, where the 2008 crash was louder and more painful than in most places. The president laid out some new proposals to help the housing industry, and he described some old ones too.
Jurors in the James "Whitey" Bulger trial got to listen to several hours of closing arguments in a Boston federal courtroom on Monday. Bulger is the former mob boss accused of litany of crimes including racketeering, murder, extortion and money laundering.
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In New York City today, a victory for the Securities and Exchange Commission: A federal jury held former Goldman Sachs trader Fabrice Tourre liable on six of the seven counts against him. The SEC had accused Tourre of intentionally misleading investors about a mortgage-backed security just as the housing sector was beginning to collapse. The investment created huge losses.