What’s News

Your condensed guide to today’s daily papers.

1221828145The financial crisis hits close to home: Putnam Investments closed a $12.3 billion money market fund as investors asked for their money back, and State Street’s stock plunged during trading yesterday, but rebounded. [Globe]

But some people are doing just fine: The state is investigating whether developers are abusing the 40B law that allows them to circumvent some zoning restrictions if they set aside units and profits for low-income housing. [Herald]

Still looking for answers: The parents of David Woodman, who died while in police custody after the Celtics won the NBA Championship, are angry they don’t know why their son died. Police say the autopsy and investigation are ongoing. [Globe]

That didn’t take long: Gov. Deval Patrick and other high-profile politicians now support Sonia Chang-Diaz for state senate. [Herald]