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mick

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mick

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Thursday, 04/05/2012 12:18:05 AM

Thursday, April 05, 2012 12:18:05 AM

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Wall Street Slumps as QE3 Hopes Cool [external]
<p>The markets capped the choppy session to the downside after the latest Fed minutes left traders less optimistic that the central bank will take additional measures to boost the U.S. economy.</p>


Federal Reserve Cites Former Morgan Stanley Unit For Foreclosure Violations [external]
The Federal Reserve on Tuesday ordered Morgan Stanley (MS) to review thousands of foreclosures conducted by a mortgage-servicing unit it sold this year and said it would levy fines against the investment bank.

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