ALSO NOTED: Mayo: Lehman still under some pressure; Citigroup forms alternatives group; and much more...

Company News:
> When to bail on a money manager. Article
> Amex to slash staff? Article
> Citigroup forms alternatives group. Article
> Legg Mason joins crowd, will raise $1 billion. Article
> Wachovia's loss doubles. Article
> State Street office in Poland could employ 1,000. Article
> Mayo: Lehman still under some pressure. Article
> NYSE profits triple. Article
> Level 3 assets at Merill rise. Article

Industry News:
> Oil prices blast higher. Article 

Regulatory News:
> Mortgage probe intensifies. Article
> Merrill cooperating with auction rate probe. Article

And Finally... 10 ways to avoid travel cancellation fees. Article