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Risk Management

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Cloud of Uncertainty Over Entire U.S. Financial System

A look at the S&P's shock downgrade of major banks worldwide.

Standard & Poor's downgraded all big U.S banks, in a lowering of credit ratings that hit 37 financial institutions worldwide. Banks including JP Morgan Chase went from A+ to A; Goldman Sachs, Bank of America, Morgan Stanley and Citigroup were downgraded from A to A-. This Marketplace Morning report looks at how the European debt crisis played into the downgrades and its potential impact on the world's financial system. Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio

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Inside Abel Noser's Trading Floor
Inside Abel Noser's Trading Floor
Advanced Trading takes you on an exclusive tour of Abel Noser's New York trading floor, where the agency broker known for transaction cost analysis, is customizing algorithms for the buy side, while growing its fixed income trading and transitions business.