Select SPDR Financials ETF - XLF
Citigroup to return $7 billion to auction-rate investors (Reuters)
Citigroup Inc agreed to buy back more than $7 billion of illiquid auction-rate securities and pay a $100 million civil fine to settle charges it fraudulently misled investors about the debt's risk.
Categories: Select SPDR Financials ETF - XLF
Financials' Folly: Strafing AIG, Citi, Freddie (at Barron's Online)
Categories: Select SPDR Financials ETF - XLF
Citi to settle charges on auction-rate securities (at MarketWatch)
Categories: Select SPDR Financials ETF - XLF
Citigroup settles auction-rate probes, pays fine (Reuters)
Citigroup Inc agreed to buy back more than $7 billion of illiquid auction-rate securities and pay a $100 million civil fine to settle charges it marketed the debt fraudulently.
Categories: Select SPDR Financials ETF - XLF
Morgan Stanley pays $1 million-plus to Mass. towns (at bizjournals.com)
Categories: Select SPDR Financials ETF - XLF
Citigroup to return $7 billion to auction-rate investors (Reuters)
Citigroup Inc agreed to buy back more than $7 billion of illiquid auction-rate securities and pay a $100 million civil fine to settle charges it fraudulently misled investors about the debt's risk.
Categories: Select SPDR Financials ETF - XLF
Financial Stocks: AIG continues to pummel financials lower (at MarketWatch)
American International Group help lead financial shares lower, but Merrill Lynch, Fannie Mae and Freddie Mac also sustain sizable losses.
Categories: Select SPDR Financials ETF - XLF
Citi to settle auction rate mess (at MarketWatch)
The Securities and Exchange Commission and New York State announce a preliminary agreement with Citigroup to provide relief to investors left holding the bag in the auction-rate securities market.
Categories: Select SPDR Financials ETF - XLF
Sector Snap: Investment Banks (AP)
Shares of investment banks fell Thursday morning as the broader market declined and amid continuing concern about weakness in the credit markets.
Categories: Select SPDR Financials ETF - XLF
Economic Slowdown Just Getting Started, Says Credit Crisis 'Prophet' (TechTicker)
http://l.yimg.com/us.yimg.com/p/us/news/editorial/0/e4/0e4239c65342e7b8d90c22cdffada29f.jpeg
Categories: Select SPDR Financials ETF - XLF
[$$] Morgan Stanley, Massachusetts Settles Auction-Rate Allegations (at The Wall Street Journal Online)
Categories: Select SPDR Financials ETF - XLF
'Accounting Games' Mask True Financial Pain, Says Housing Seer Rosner (TechTicker)
http://l.yimg.com/us.yimg.com/p/us/news/editorial/d/32/d32e91abb1db5d355fae6e67f3531d23.jpeg
Categories: Select SPDR Financials ETF - XLF
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