Mohamed El-Erian expected to go quietly. The one-time heir apparent to Pimco investment chief Bill Gross had no idea leaving the firm would create a fire storm.

Egyptian security forces have raided an apartment in eastern Cairo, arresting a key Muslim Brotherhood figure who had been on the run since the July coup that removed the country’s Islamist president, the interior ministry said.

Egypt’s most prominent democracy advocate took up a loudspeaker and called for President Hosni Mubarak to resign, speaking to thousands of protesters who defied a curfew for a third night.

THE GOVERNMENT could announce its restructuring plan for the country’s major banks in the coming days — possibly before the end of the weekend.