Reuters - The Saudi bourse regulator has ordered six investors to pay a total 278.1 million riyals ($74.16 million) for trading violations, it said in a statement on Saturday.
Volatile stock market weighing on IPOs (AP)
AP - Companies trying to sell their shares in initial public offerings had a hard time finding willing buyers in January — a trend that will likely continue until the stock market stabilizes.
Avoiding the Abyss
Current government officials including current and former Treasury Secretaries often refer to the measures employed to correct the financial crisis in the fall of 2008 as avoiding the "abyss". Indeed, if panic had continued to spread the potential collapse of the house of cards built on credit leverage would have been significant. But questions arise as to the appropriateness of the actions taken and why the state of the financial industry was in such dire straits.

