Financial stocks rallied Tuesday after a trio of top executives said the problems with falling prices for some debt securities are becoming more manageable.
Collateralised Debt Obligation
illiquid assets
buyout
severe dislocations
trigger
Investors also scooped up beaten-down shares of E-Trade Financial Corp.
bankruptcy
scenario 情景
as part of a reorganization of its investment-banking business.
retail sales 零售业
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