http://www.citytools.net Your news, your way. Stories on CityTools where either written by members or are existing stories shared by members. In the case of shared stories, all rights reside with the original creator. en 2008-10-13T04:44:09 2008-10-13T04:44:09 httpd:/www.citytools.net/essentials/rss_docs.html http://www.citytools.net/images/rss_logo.jpg http://www.citytools.net 182 35 citytools image http://www.citytools.net/showstory/E7CDA768-9895-11DD-8240-F3337A10A9B7/ AP - While the rest of the world is facing a financial meltdown, the Iraq Stock Exchange is booming.<a href="http://us.rd.yahoo.com/dailynews/rss/world/*http://news.yahoo.com/s/ap/20081012/ap_on_re_mi_ea/ml_iraq_market_boom">[original story]</a> http://www.citytools.net/showstory/C36E95EC-98BF-11DD-8240-F3337A10A9B7/ Asian share markets react positively to efforts by world leaders to end the recent financial turmoil.<a href="http://news.bbc.co.uk/go/rss/-/2/hi/business/7666477.stm">[original story]</a> http://www.citytools.net/showstory/63852EE6-98B7-11DD-8240-F3337A10A9B7/ NEW YORK (AP) -- The chaotic hour before Wall Street&#39;s closing bell has never been for the faint of heart. These days, it&#39;s been absolutely brutal....<a href="http://hosted.ap.org/dynamic/stories/M/MELTDOWN_THE_FINAL_HOUR?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT">[original story]</a> http://www.citytools.net/showstory/0C86AD60-9842-11DD-8240-F3337A10A9B7/ Q Are mutual funds covered by SIPC? ANo, mutual funds generally aren&#39;t covered by the Securities Investor Protection Corp. unless they are held in a brokerage account. But don&#39;t panic: The funds are subject to strict regulations that protect your money. The Investment Company Act of 1940 created an intricate system of checks and balances to keep mutual fund money safe. Each mutual fund is organized as a separate company from the fund&#39;s management, and its assets are held by an independent custodian, usually a specialized bank. Even if the fund-management ...<a href="http://www.washingtonpost.com/wp-dyn/content/article/2008/10/11/AR2008101100151.html"> (more) </a><a href="http://www.washingtonpost.com/wp-dyn/content/article/2008/10/11/AR2008101100151.html">[original story]</a> http://www.citytools.net/showstory/0B21A75E-9842-11DD-8240-F3337A10A9B7/ This flameout in the stock market is actually telling us something. That is, something besides the sorry news that our 401(k)s are now mostly little piles of ash. To hear chief investment strategist Richard Bernstein of Merrill Lynch tell it, the market is sending us a message we should all heed. &quot;Many times in the past, we have highlighted that volatility, although extremely trying for investors, as a signal that leadership within the financial markets is changing,&quot; Bernstein wrote in an investment strategy update last week. &quot;Investors can use that ...<a href="http://www.washingtonpost.com/wp-dyn/content/article/2008/10/11/AR2008101100164.html"> (more) </a><a href="http://www.washingtonpost.com/wp-dyn/content/article/2008/10/11/AR2008101100164.html">[original story]</a> http://www.citytools.net/showstory/4B38BE96-98E1-11DD-8240-F3337A10A9B7/ HONG KONG (AP) -- Most Asian stock markets recovered Monday after last week&#39;s historic sell-off as governments around the world intensified efforts to boost the ailing financial system....<a href="http://hosted.ap.org/dynamic/stories/A/AS_WORLD_MARKETS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT">[original story]</a>