Monthly Archives: October 2011

NEW YORK (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 … Continue reading →

(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 … Continue reading →

RICHMOND, Va. – Police cleared out a downtown plaza early Monday that had been home to Occupy Wall Street protesters, ordering out dozens of people who had encamped there since Oct. 17 and charging nine with trespassing or obstructing justice. … Continue reading →

WASHINGTON – 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. The chief administrative law judge at the Securities … Continue reading →

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. BIG OCTOBER: Even with the lousy showing on the … Continue reading →

NEW YORK – 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 … Continue reading →

NEW YORK (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. In … Continue reading →