Here's the latest Thomson Reuters 'Investment Banking Weekly Scorecard'.
This will open the floodgates. Expect more firms to come out with similar messages soon.
It's squeaky bum time over at MF Global.
In some respects, it's no surprise.
CNBC's John Carney does an excellent job explaining the underlying trading idea that proved one trade too far for MF Global.
Here's a few links to some interesting Bloomberg, New York Times and Reuters stories currently doing the rounds.
Here come the Feds (it seems).
Here's a note of 9 top firms currently undertaking cost-cutting programs.