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Trader Patrick Totman (C) works in the Euro Dollar pit at the Chicago Mercantile Exchange April 28, 2010. REUTERS/John GressReuters - Stocks tumbled on Friday to close out the worst week since January as news of a criminal probe into Goldman Sachs unnerved investors already anxious about the prospects for heavy regulation from Washington.


Shares in London started in the red as crisis-hit Greece appeared to edge closer to a bailout deal.(AFP/File/Shaun Curry)AFP - Shares in London started in the red on Friday as crisis-hit Greece appeared to edge closer to a bailout deal.


Protestors gather near city hall, Thursday, April 29, 2010  in New York. Protestors are calling for Wall Street accountability, the creation of good jobs, and an end to predatory lending practices. (AP Photo/Frank Franklin II)AP - Thousands of workers and union leaders marched on Wall Street on Thursday to express their anger over lost jobs, the taxpayer-funded bailout of financial institutions and questionable lending practices by big banks.


Pedestrians wait to cross a street in front of a Tokyo securities office's electronic stock board indicating the Nikkei 225 stock average rose 132.61 points, or 1.2 percent, to close at 11,057.40 in Tokyo, Japan, Friday, April 30, 2010. Asian stocks advanced Friday, following overseas markets higher as signs the U.S. economy was healing and debt-ridden Greece might soon be rescued eased anxiety about the global outlook. (AP Photo/Koji Sasahara)AP - World stock markets eased Friday despite strong U.S. economic growth data as investors warily awaited the completion of a support package to keep Greece from defaulting on its debts.


Financial innovation is more likely when banks compete. But today’s megabanks are more conducive to crony capitalism than free enterprise. 

The numbers indicate that the longest downturn since the Depression has finally ended. But the numbers haven’t erased a lot of the nation’s economic pain.

AP - Thousands of workers and union leaders marched on Wall Street on Thursday to express their anger over lost jobs, the taxpayer-funded bailout of financial institutions and questionable lending practices by big banks.

A Palm Pixi smartphone is displayed at a Best Buy store in San Francisco, California. Palm shares soared on Thursday after US computer giant Hewlett-Packard announced it had reached agreement to buy the troubled US mobile phone maker.(AFP/Getty Images/Justin Sullivan)AFP - Palm shares soared on Thursday after US computer giant Hewlett-Packard announced it had reached agreement to buy the troubled US mobile phone maker.


AP - Stocks surged higher Thursday after another series of upbeat earnings reports and a reading on unemployment provided more evidence of an improving economy.

AP - THE DOW’S BIG DAY: The Dow Jones industrials rose 122 points. That brought their two-day advance to 175 as they made back most of the 213 they lost Tuesday amid concerns about European debt problems.

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