ALSO NOTED: Fitch downgrades $8 billion in CLOs; Bear Stearns faces legal action over hedge funds; and much more...
Company News:
> Barclays cautious about growth. Article
> Gabelli takes stake in CSK. Article
> Deutsche Boerse earnings rise. Article
> Fitch downgrades $7.75B in CLOs. Article
> Bear Stearns faces legal action over hedge funds. Article
> How dysfunctional is Citigroup? Article
Industry News:
> Subprime loans defaulting even before rates reset. Article
> Now retail motorcycle loans under pressure. Article
> Thrifts suffer record losses. Article
Regulatory News:
> Ex-hedge funds manager faces fraud charges. Article
And Finally... Heathrow's got a little baggage. Article
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