Market Rallies on Disney Layoffs, Credit Suisse Get's Worse

Stocks are up sharply this morning on the "good news" that Disney only lost 2.4 million subscribers in the quarter and the announcement of 7,000 layoffs (that strong jobs market though). Elsewhere the news at Credit Suisse has gone from bad to worse.

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#Disney #CreditSuisse #Layoffs #MelonHead