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2007 (1)
2002 (5)
2001 (2)
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| Sep. 22 |
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Morgan Stanley sells stake to Mitsubishi Japan: Japanese banking giant has said it will buy 10% to 20% stake in its bruised Wall Street rival Morgan Stanley | |
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| Sep. 21 |
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US banks make shock status switch Goldman Sachs and Morgan Stanley are to become bank holding companies, allowing them to take deposits from investors
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| Sep. 14 |
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Barclays quits Lehman sale talks| Barclays has pulled out of talks to buy most of troubled investment bank because it was unable to obtain guarantees | |
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| Mar.14 |
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Bear Stearns gets emergency funds  | US bank has got emergency funding, in a move that raises fears that one of Wall Street's biggest names is on the verge of collapsing | |
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| Jan.15 |
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Citigroup's $9.8bn sub-prime loss The banking giant has reported a $9.83bn net loss for the last 3 months of 2007 caused by a $18.1bn exposure to bad mortgage debt
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| Sep.13 |
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Dollar hits new low versus euro The US dollar dropped as low as $1.3927 against the euro as investors fretted about a world credit crunch
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| Oct.2 |
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Bank in $4bn clerical error The US investment bank Bear Stearns entered an order to sell $4bn worth of stocks by accident in late trade
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| Aug.1 |
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WorldCom executives arrested Former chief financial officer Scott Sullivan and former controller David Myers were taken into custody by FBI
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| Jun.28 |
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Accounting panic hits Xerox Shares in Xerox have plunged after a newspaper suggested the firm inflated its profits by $6bn
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| Jun.25 |
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WorldCom in accounting trouble, cut jobs| Troubled telecom firm announces overstatement of financial results, 17,000 job cuts. WorldCom terminated CFO | |
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| Oct.9 |
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New York seeks $54bn to rebuild State Governor Pataki is asking the US Government for $54bn to rebuild Manhattan
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| Sep.12 |
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Insurers face claims up to $15bn Owners of the World Trade Center had insured only one of the 2 towers
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