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Ex-AIG brass tries to shift blame
6:04pm: Problem wasn't in their judgment, they tell Congress, but in a bad accounting rule. Congress wasn't biting. more
Alcoa earnings drop 52%
5:02pm: The aluminim producer misses third-quarter profit expectations and blames sharply lower prices, weaker demand, and higher costs for the gap. more
AIG's ex-CEOs blamed for crisis
3:46pm: House panel chairman says executives got undeserved riches, while ex-CEOs blame accounting rules for leading to $85B bailout. more
Morgan Stanley plunges
3:47pm: Rumor spreads that Mitsubishi may pull out of plan to buy Morgan stake. Stock sinks more than 20%. Morgan denies rumor and says deal on track to close soon. more
Bank of America profits plunge 68%
Oct 6: Banking giant reports - more than a week in advance - worse-than-expected earnings. Dividend halved and $10B stock sale announced. more
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World's 25 biggest companies
World's 25 biggest companiesOnce again, Wal-Mart grabs the No. 1 spot on Fortune's Global 500 list. See which other companies are the largest on the planet. more
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