• Greece’s Papandreou calls for a referendum on the country’s bailout plan, threatening last weekend’s work to stabilize the euro zone economy. From Bloomberg News.
• The referendum proposal in Greece is like a sharp stick in the eye for Germany, where coalition government officials are venting after the news. From Reuters News.
• MF Global’s books are under a cloud as its bankruptcy filing begins. Co-mingling of customer funds is feared. From the Wall Street Journal.
• Credit Suisse announced it will cut an additional 1500 jobs beyond the 2000 announced in July. The moves will mostly affect its investment banking division, which suffered through a dismal 3rd quarter. From the Financial Times.
• Nomura announced a larger than expected loss for the September quarter. The company plans to cut an additional $800 million in expenses. From Bloomberg News.