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Knight Accepts Nasdaq's $62 Million Facebook Payback Plan

After initially criticizing Nasdaq OMX Group for its response to Facebook's botched initial public offering, trading firm Knight Capital Group Inc said it accepted the exchange's latest plan to pay back brokers a portion of their losses.
US Stock Market

Stock Trading Suffers On Uncertain, Unpredictable Markets

Trading in U.S. stocks has been going on at a snail's pace recently, a fact market-watchers are blaming on policy uncertainty, but could also be the result of investors fed up with the fragmented, unpredictable nature of the market.
Goldman Sachs Chairman and CEO Lloyd Blankfein

Goldman Sachs Wins! Feds 'Quietly' Drop Key Financial Crisis Case

The Justice Dept. said there was "not a viable basis to bring a criminal prosecution" against Goldman Sachs, quietly ending a yearlong investigation into allegations the firm bet against the same subprime mortgage-backed securities that it also sold to its clients.

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