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Economy: Stock Market / MF Global / Europe Debt #1006233

CBS Evening News for Tuesday, Nov 01, 2011
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(Studio: Scott Pelley) The sell-off in world stock markets in response to the chaos in the financial system in Greece introduced.

(New York: Anthony Mason) The FBI investigation into the collapse of the MF Global trading firm led by former New Jersey Governor Jon Corzine examined; details given about allegations the company used customer money to shore up the firm. [Egan-Jones Ratings Co. Sean EGAN††- calls the charges serious; comments on the massive investment in European debt and the company's debt leverage.]

(Studio: Scott Pelley) Report introduced.

(Nice, France: Mark Phillips) The European deal to rescue Greece from its debt and bankruptcy and the potential financial habit across Europe examined; scenes shown of demonstrations in a divided Greece and a march in Nice. [IG Index market strategist David JONES†- talks about the massive volatility.]

Pelley, Scott;
Mason, Anthony;
Phillips, Mark

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