Despite all the talk of reforming Washington, the revolving door between government and industry continues whirling.

Madonna and Guy Ritchie are divorcing, publicists for the couple confirmed today, after months of speculation.

The group stands accused of a grand scheme - of registering Mickey Mouse in Florida, and Tony Romo, the Dallas Cowboys quarterback, in Nevada - all in an effort to elect Sen. Barack Obama as president.

Treasury Secretary Henry M. Paulson Jr. today said the federal government would inject $250 billion into American banks to restore credit flow in the nation’s financial system.

Cindy McCain and her late father, James Willis Hensley, were partners with the convicted savings-and-loan chief from 1986 until 1998 through their investment in a Phoenix shopping center.

Good heavens, Paul R. Krugman has a day job.

Morgan Stanley’ CEO John J. Mack, dubbed “Mack the Knife,” appeared to have pulled a rabbit out of a hat this morning when he announced a deal with Mitsubishi UFJ for a $9-billion lifeline.

Using some of a windfall sent their way in by the man who is now the U.S. Treasury secretary, a group of Wall Street veterans are getting to see at least one of their investments pay off.

Valerie Jarrett, a member of Barack Obama’s kitchen cabinet and a fundraiser for his campaign, was the top new search on Muckety last week.

CEO Bob Simpson earned about $100 million from the sale of nearly 2.8 million shares of XTO early last week, as he raced to beat the meltdown of the market and his stock.

Risk-taking caught up to Aubrey McClendon, the outspoken energy company CEO who helped fund the Swift Boat attacks against John Kerry four years ago and has been busy touting the benefits of compressed natural gas in TV ads this election cycle.

Thomas J. Petters gave hundreds of thousands of dollars to political candidates, Democrats and Republicans alike. And he has given millions to institutions of higher education.

General Motors is weighing a merger with Chrysler, The New York Times reports.

In what looks like a margin call of massive proportions, billionaire media tycoon Sumner Redstone is being forced to unload $400 million worth of nonvoting shares in CBS and Viacom.

The former lead prosecutor of the Weather Underground has expressed indignation over efforts to link Barack Obama to onetime radical William C. Ayers by the campaign of John McCain.

The global reach of Goldman Sachs Group, through a network of former officials, could help foster cooperation as U.S. officials reach out to foreign powers to calm financial markets. But it could also promote conflicts of interest.

The federal government isn’t the only potential buyer eying U.S. banks drowning in debt. Billionaire Gerald J. Ford is poised to reap another fortune.

A respected Catholic legal scholar has resigned from the board of Ohio’s Franciscan University of Steubenville as a result of a firestorm over his endorsement of Democrat Barack Obama.

The Federal Reserve Board announced yesterday that it would provide as much as $37.8 million to American International Group.

He’s been in a California jail cell for months, but the problems of Hillary Rodham Clinton’s former fund-raiser Norman Hsu still continue to multiply.