ALSO NOTED: Wachovia to take big charge due to court ruling; Och-Ziff founder fares well; and much more...

Company News:
> Wachovia to take big charge due to court ruling. Article
> Analysts sour more on Countrywide. Article
> PNC private equity unit sells food maker. Article
> Despite stock swoon, Och-Ziff founder fares well. Article

Industry News:
> Police hunting for hedge fund fraudster in Canada. Article
> Cramer: The only non-toxic banks. Video
> Banks need to come clean on capital needs. Article
> Book about Eliot Spitzer coming soon. Article

Regulatory News:
> SEC must give up documents in Aguirre case. Article

And Finally... Is a liberal arts degree a waste in the job market? Article