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New York Stock Exchange to Cancel Erroneous U.S. Bancorp Trades

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The New York Stock Exchange is set to cancel a series of erroneous trades in U.S. Bancorp, after its preferred shares were issued at a fraction of their intended value ...

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Interpreting the $25B Mortgage Settlement
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The $25 billion mortgage robo-signing settlement is:
Political extortion from the banks in an election year
A slap on the wrist — the banks put reserves away for this long ago, they won't even feel it
A source of relief for both banks and homeowners that could help the housing market and economy recover

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