Knight Capital Struggling to Recover from Trading Glitch
Firm lost $440 million, seeks assistance.
Firm lost $440 million, seeks assistance.
Authorities say trades garnered $310,000 in profits.
Stocks took a header after the Federal Reserve took a wait-and-see position on the economy
Once-a-month quotes from the Obama administration and the media about how the economy will be booming any minute now.
The company's cash cushion might go to unions, not investors.