Marketwatch - Both equity and fixed-income closed-end funds are trading at attractive discounts compared to what we're used to seeing over the past few years," Roseen said. "But they're still not as wide as we've seen over longer periods."

Lehman, Bear Stearns, Citigroup Rating Cut by Merrill (Update4)
Bloomberg - The worldwide credit crunch triggered by rising defaults on U.S. subprime home loans has undermined some of Wall Street's biggest moneymakers, including mortgage securitization, leveraged finance, equity underwriting and mergers. While that has made ...