Formula One title to be decided on wins

Governing body the FIA have agreed to award the Formula One world drivers’ championship to the driver with the most race wins from this season onwards. The body’s World Motor Sport Council has agreed to the proposal from Bernie Ecclestone’s Formula One Management to award the championship to the driver with most race wins, although there is no provision to award medals.

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Will a Mark-to-Market Fix Help Save the Banks?

To fix the banks, Washington needs to get toxic assets off their balance sheets. That’s easily said but not so easily done. One reason is an obscure accounting rule that is the subject of intense lobbying by representatives of the banking industry ahead of congressional hearings on Thursday on the matter

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