Financial Market NewsFinancial Markets news continually updated from thousands of sources around the net.Chattanooga trader accused of taking $31M from investors- June 28, 2008 CHATTANOOGA - Federal authorities have charged a Chattanooga foreign currencies trader with fraud in connection with allegations he scammed invest ors in several states out of $31 million.http://www.topix.net/business/financial-markets/2008/06/chattanooga-trader-accused-of-taki... FTSE just bucks downward trend- June 28, 2008 EUROPEAN stock markets closed mostly lower overnight, extending losses in a global sell-off sparked by growing concerns about the economic outlook as oil prices soared to fresh records above $US142. Dealers ...http://www.topix.net/business/financial-markets/2008/06/ftse-just-bucks-downward-trend?fro... Oil the wild card in predicting stock rebound- June 28, 2008 Investors who remember the stock market's steep and prolonged decline earlier this decade may be wondering if the recovery from Wall Street's current morass will also take several years to accomplish.The dot-com bust, terrorist attacks, recession and corporate wrongdoing combined to send stocks plunging in 2002. Today's market has some similar problems, in particular the troubled economy and a devastated industry _ this time, it's the financial sector. But there's one variable that may be...http://www.topix.net/business/financial-markets/2008/06/oil-the-wild-card-in-predicting-st... |