Tuesday, October 23, 2012

Reuters: Regulatory News: PRESS DIGEST-New York Times business news - Oct 23

Reuters: Regulatory News
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PRESS DIGEST-New York Times business news - Oct 23
Oct 23rd 2012, 06:06

Tue Oct 23, 2012 2:06am EDT

Oct 23 (Reuters) - The following are the top stories on the New York Times business pages on Tuesday. Reuters has not verified these stories and does not vouch for their accuracy.

* President Obama and Mitt Romney wrapped up a series of defining debates on Monday night with a bristling exchange over America's place in the world as each sought to portray the other as an unreliable commander in chief in a dangerous era.

* Leveraged buyout firm Cerberus Capital Management has been lining up at least $4 billion in financing to support a potential bid for embattled supermarket operator Supervalu Inc , a person briefed on the matter said.

* Standard & Poor's released an analysis on Monday contending that Goldman Sachs and Morgan Stanley, more than any other Wall Street giant, could suffer under the so-called Volcker Rule.

* Five people may have died over the past three years after drinking Monster Energy, a popular energy drink that is high in caffeine, according to incident reports recently released by the Food and Drug Administration.

* A British government study found that the increasing prevalence of computerized trading might lead to isolated incidents of instability in the financial markets.

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