Todya’s Best Market Rumors (9/9/2011) NYSE Merger Block, Bank Of America Layoffs

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Updated throughout the day.

Bank of America (NYSE: BAC) will cut 40,000 jobs (WSJ)

Nasdaq OMX (NASDAQ: NDAQ) will press its objections about the NYSE (NYSE: NYX) merger with Deutsche Borse (WSJ)

The SEC is close to a deal with Fannie Mae and Freddie Mac over their disclosure about sub-prime mortgage risks (NYT)

Solar company Solyndra is under criminal investigation over whether the company’s management mislead the government to get loans (WSJ)

Douglas A. McIntyre

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