Families rush last minute 9 11 compensation filings
At the midnight deadline 2,833 families filed for death benefits and 3,624 for injuries. Kenneth Feinberg announced totals as the program nears completion with about 95 percent of eligible families participating and average payments around 1.8 million dollars.
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Nasdaq Eyes NYSE Merger on Preliminary Proposal
Nasdaq seeks a possible merger with the NYSE after Nasdaq chief executive Robert Greifeld discussed the idea with NYSE officials. The Wall Street Journal cites unnamed sources saying no formal proposal exists and details are at a very early stage. The potential deal would need SEC approval and could save firms money by unifying trading desks and membership fees.
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