Morning Docket 12.15.08

* Investigators looking in to Bernard Madoff’s ponzi scheme “found evidence he ran an unregistered money-management business alongside his firm’s brokerage and investment-advisory subsidiaries.” [Bloomberg]

* A little insight into how Marc Dreier cheated even the best businessmen. [New York Times]

* Regardless of whether Gov. Rod Blagojevich resigns today, Democrats will have to decide whether to appoint or elect Barack Obama’s replacement. [Washington Post]

* … Meanwhile Illinois lawmakers try to pick up the pieces. [Chicago Tribune]

* Another merger fell apart this weekend. Apollo Inc. will not be acquiring Huntsman corp. Litigators will still be kept busy because Huntsman plans to continue its law suit against Credit Suisse. [Reuters]

* New Zealand’s anti-trust regulator says airlines are acting like a cartel. [The Financial Times]

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