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The following is an excerpt from my book, Dear Mr. Buffett, What an Investor Learns 1,269 Miles from Wall Street , in response to the acquittal Tuesday of Bear Stearns Asset Management heads Ralph Cioffi and Matthew Tannin.

WASHINGTON — As federal regulators take their first tentative steps toward policing the wild west of medical information online, pharmaceutical companies are pressing their case to market drugs via Google, Twitter and other Web sites. The Food and Drug Administration will convene a two-day meeting beginning Thursday to hear the drug industry’s position on Internet marketing. The agency has agreed to consider developing rules for online advertising after companies complained that the current guidelines for traditional media – which require a detailed list of possible side effects – have left them hamstrung on the Web

By Paul Kiel , ProPublica. The administration’s $75 billion mortgage modification program is meant to help 3 million to 4 million homeowners avoid foreclosures. The latest data, out Tuesday, shows mortgage servicers are making some progress toward this goal, but big questions remain about how effective the program will be.

By Martin Hutchinson Contributing Editor Money Morning Massachusetts Land Court judge Keith C. Long recently ruled that foreclosure sales of two properties with securitized mortgages were invalid, a decision that ties up thousands of Massachusetts real-estate transactions.

Editor’s Note: This is the second of three articles by the Investigative Fund on the credit rating companies. Read the first article here . When the nation’s top credit rating companies came under attack in Washington in recent years, Charles E

For its first public showings outside Japan, Nissan’s all-new Leaf “pure EV” plug-in electric sedan, due on-sale worldwide as a 2012 model, will see the first light of an American day at a press-only event this Friday morning at Dodger Stadium featuring Nissan Chairman Carlos Ghosn, and later that day, in front of the public, at Pier 59 Studios, 2415 Michigan Avenue in Santa Monica. Nissan Leaf at its first public display at last molnth’s Tokyo Motor Show; Los Angeles gets it next! “Get an up-close look at the 100 percent electric Nissan LEAF”, say Nissan’s marketers, “and the opportunity to learn more about its industry-leading technology. Top Nissan people will be on-hand to answer questions and share Nissan’s vision for Zero Emissions.” Nissan estimates the four-door EV will cost around $27,000 and achieve about 100 miles per charge