Reuters Money: Civil liberties group sues Morgan Stanley over discrimination

	Click to View in Browser 10/15/2012 Civil liberties group sues Morgan Stanley over discrimination NEW YORK (Reuters) - The American Civil Liberties Union is filing what it says is the first lawsuit against an investment bank, Morgan Stanley, alleging discrimination for packaging subprime mortgage loans into securities. Retail sales point to stronger economic growth WASHINGTON (Reuters) - Retail sales rose in September as Americans bought more of everything from cars to gasoline and electronics, pointing to stronger-than-expected economic growth in the third quarter. U.S. crude oil exports may be inevitable: Kemp (John Kemp is a Reuters market analyst. The views expressed are his own) Exclusive: Study shows $1.2 trillion gap for public pensions (Reuters) - The largest 100 public pension funds have around $1.2 trillion of unfunded liabilities, about $300 billion above the nearly $900 billion they reported themselves, according to a new actuarial study to be released on Monday. Card fee "settlement" just start of big legal battle (Reuters) - Visa, Mastercard and a group of retailers plan to ask a judge this week to approve a landmark settlement of a lawsuit over credit card fees, setting the stage for a battle with Wal-Mart and hundreds of other merchants who say it is a bad deal. Citigroup profit drops as it writes down brokerage unit (Reuters) - Citigroup Inc said quarterly profit plunged on a $4.7 billion write-down of its stake in a brokerage operated by Morgan Stanley, but North American mortgage lending revenue increased and capital markets results rebounded. China private equity firm SAIF Partners foraying into hedge funds HONG KONG (Reuters) - SAIF Partners plans to launch a Greater China hedge fund, according to marketing material obtained by Reuters, becoming the first major Chinese private equity firm to branch out into the hedge world. Hedge funds pile into gold, gas for second week NEW YORK (Reuters) - Hedge funds and other big speculators piled into the rallying gold and natural gas markets for a second week running, taking the net long money in U.S. commodities up by nearly $1 billion, trade data showed on Friday. Realogy IPO lit up market but is it overly leveraged? - Barrons (Reuters) - Realogy's IPO last week was one of the biggest smashes of the year. Only Facebook Inc and Santander Mexico Financial Group were bigger. Welcome to Hell: The joys of refinancing NEW YORK (Reuters) - For Scott Laperruque, every day is Groundhog Day. Related Video Home stocks on shaky foundation Getting to the top of mobile wallets Business News Wall Street opens higher on Citi, retail sales Retail sales point to stronger economic growth The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend