until today, m.f. global was considered among 22 companies financially secure enough to act as primary dealers to sell u.s. government debt. the federal reserve bank of new york suspended any of global's new business and halted its shares. more developments out of europe today showing that its financial problems are far from over. a new report says the number of unemployed people in the eurozone hit a record last month. more than 16 million people were without jobs. that's an unemployment rate of about 10.2%. that's the highest total ever for the 17 countries that now use the euro. meanwhile, investors are worried about the financial health of italy. despite the fact that europe plans to bolster its bailout fund to the tune of more than a $1 trillion, the market doesn't believe that will be enough to help italy if its debt crisis worsens. the yield on the benchmark italian 10-year bond rose to 6.1% following a disappointing bond auction on friday. that's troublesome since the 6% level is viewed as an importan

m.f. global's largest unsecured creditors and could stand to lose more than eight hundred forty five thousand dollars and speaking of bailouts the u.s. government is still having trouble unloading its have to investments in bailouts during the financial crisis three years later the u.s. treasury department is still the largest shareholder in ai g. with this seventy seven percent stake in the insurance giant and reportedly is likely to put off its second sale of shares of the company because of an unfavorable market condition now meanwhile despite the market volatility american companies are beating wall street's profit estimates for the eleventh straight quarter meanwhile hiring of workers is expected to a slowdown this month in the u.s. as a jobs crisis continues we see outrage over this kind of disparity and the occupy wall street protests on behalf of the ninety nine percent today we'll hear from who's become kind of an ambassador for the one percent that's got to capital account. as i mentioned we see the first casualty of the eurozone debt crisis with the bankruptcy of an f. global and a

it was the biggest loser in the s&p 500 today.pp shares of m.f. global buckled as the firm's exposure to europe's sovereign debt is hampering its goal to become a leading boutique investment bank. the company posted a loss of nine cents per share versus a profit a year ago. moody's downgraded the stock yesterday and today the stock sank nearly 50%. based on that drop it's lost more than three quarters of its value this year. and that's tonight's "market focus." >> susie: with the end of the u.s. involvement in iraq in sight, the obama administration announced today it will now focus on trying to secure jobs for returning veterans. president obama's first initiative calls for community health centers to hire 8,000 vets over the next three years. the president wants to use his executive powers to work around republicans in congress opposing his $447 billion jobs plan. the unemployment rate for veterans who've served since the 9/11 attacks is 11.7%. the national average is 9.1%. the white house is also releasing details of president obama's plan to bring re

relinquishing some of its recent rise banking stocks are falling broadly after the securities firm m.f. global filed for bankruptcy protection last week the company's debt was downgraded to junk status by ratings agencies among other lenders the bank of america and j.p. morgan stanley dropped more than four percent following declines in europe. now let's cross over to europe which closed in the red with a foot in the dax ending over three percent down banks and miners among the biggest decliners as commodity prices fell shares of hedge fund manager man group dropped four point nine percent world bank of scotland and lloyds banking group both lost over six percent. and here in russia stocks closed in the red for the first time in four days on monday crude oil and metals fell hurting the outlook for companies in the world's biggest energy exporter guinea coach miles are from alpha capital says investors are now in a profit taking mood. following a roll of the recent through four weeks when major markets one twenty to thirty degrees sound you know find ourselves in some correction so we think it

relinquishing some of its recent rise banking stocks are falling broadly after the securities firm m.f. global filed for bankruptcy protection last week the company's debt was downgraded to junk status by ratings agencies among other lenders bank of america j.p. morgan stanley draft. more than four percent following declines in europe now let's look at europe where stocks were lower in the evening playing with banking stocks some of the biggest decline as well bank of scotland and lloyds banking group were both out of the six percent mining stocks were also weighing on the footsie as well as well the depths of resource and i struck a losing over seven percent. and stocks in russia close in the red for the first time in four days of monday crude oil and metals fell hurting the outlook for companies in the world's biggest energy exporter. for our capital says investors are now in a profit taking. following a roll of the recent through four weeks when major markets one point by point to just sort of burst sound oh no final choice and some correction so we think it is not true for continuation of

were languishing some of its recent rise bank stocks are falling broadly after the securities firm m.f. global filed for bankruptcy protection last week the company's debt was downgraded to junk status by readings agencies among other lenders the bank of america and j.p. morgan stanley dropped. and four percent following declines in europe. now stocks in europe lower in even trading with back stocks among the biggest decline has as well the world bank of scotland lloyds banking group both down over six percent mining stocks also weighing on the footsie with the resources in an extra losing over seven and a half percent here in russia stocks close in the red for the first day in four on monday crude oil and metals fall hurting the outlook for companies have world's biggest energy exporter. following the role of the recent through four weeks when major markets won by twenty to thirty. we know find ourselves in some correction so we think it is not true for continuation of a healthy market growth for us not to grow by four percent for sound but we have seen some positive done in selected stocks i

>> how about m.f. global, bankrupt, big debt crisis, how about that?all getting together at noon. >> joining the pagans, are you? >> absolutely. >> nice to see you. >> let me say, stuart varney came in here without any power. you have no power in your house. you have no hot water. >> no power, no lights. >> nothing will slow you down! >> i'm here. >> let me tell you what's coming up straight ahead on this show. here we go again. another green company funded by the same white house program that funded solyndra? well, it goes belly up. that story next. >> and it's a halloween classic. but the real thriller is the true story the man behind the mask. jason is here next. >> and he brought hockey mask, i think. happy birthday to willow smith. she's 11 and already made more money than all of us combienld. ♪ [ female announcer ] erybody loves that cushiony feeling. uh oh. i gotta go. [ female announcer ] and with charmin ultra soft, you can get that same cushiony feeling you love while still using less. charmin ultra ft has extra cushions that are soft and mor