ALSO NOTED: Bankers moving from denial to depression?; Hedge funds rebound in April; and much more...

Company News:
> Allied Capital posts big loss. Article
> Legg Mason prices equity units. Article
> MBIA says its capital is adequate. Article
> BlackRock CEO gives $10 million to college. Article
> Bear Stearns stockholders withdraw injunction request in JPMorgan suit. Article
> Lehman upgrades MF Global. Article

Industry News:
> Icahn raises stake in Motorola to 7.6 percent. Article
> Hedge funds rebound in April. Article
> Monet painting sold for $41 million. Article
> Bankers moving from denial to depression? Article

Regulatory News:
> Congress looks at SEC oversight of Wall Street. Article
> SEC calls for more oversight. Article

And Finally... How airline mergers will affect your travel. Article