Greek referendum call pummels markets (AP) - Comments Off
AP - Markets plunged Tuesday on fears that Europe’s plan to save the euro was already unraveling after the decision by Greece’s leader to call a referendum on the country’s latest rescue package.
SEC: Companies are turning to private financing (Reuters) - Comments Off
Reuters - Companies are increasingly taking advantage of securities rules that lets them raise capital without having to go through costly registrations, according to a new study by regulators.
Summary Box: MF Global bankruptcy rattles markets (AP) - Comments Off
AP - LOUSY END: The Dow Jones industrial average lost 276 points, its biggest loss since Sept. 22, to end at 11,955. Much of the decline came in the last hour of trading.
How the major stock indexes fared Monday (AP) - Comments Off
AP - Stocks ended the last day of October with steep losses Monday. Investors were worried about the collapse of the brokerage MF Global and missing details in Europe’s plan to contain the Greek debt crisis.
2 ex-State Street executive cleared of charges (AP) - Comments Off
AP - Two former executives of State Street Bank & Trust Co. have been cleared of federal civil fraud charges of misleading investors about their potential risk from subprime mortgage investments in 2007.
A look at economic developments around the globe (AP) - Comments Off
AP - A look at economic developments and activity in major stock markets around the world Monday:
Reuters - Everyone’s obsessed with the euro zone these days, and every little rumor sends global stock markets into wild gyrations. But here’s a little secret: If you really want to know what could blow up your portfolio for years to come, forget Europe. What you should really be concerned about is a potential Chinese bust.
SEC case against ex-State Street execs dismissed (Reuters) - Comments Off
Reuters - The U.S. government suffered a setback in its investigation of subprime fraud when a judge dismissed a case against two former State Street Corp executives accused of misleading investors in the summer of 2007 about a $2.9 billion fund loaded with exposure to risky mortgages.
Ugly end to historic October on Wall Street (AP) - Comments Off
AP - October is somewhat cursed for the stock market — the Crash of 1929, Black Monday in 1987, a slow-motion meltdown in 2008. This time, the demons made a last gasp, but Wall Street still managed to break the jinx.
Wall St down as MF Global falls victim to Europe (Reuters) - Comments Off
Reuters - Wall Street closed its best month in 20 years on a down note on Monday as the failure of trading firm MF Global Holdings Ltd and new worries about Europe’s debt crisis hammered financial shares.







