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Wall Street Roundup: Flash-crash culprit. Spitzer's legacy.

August 23, 2010 |  7:04 am

Merger boom beginning? As the week begins, investors are wondering whether last week's flood of mergers and acquisition deals signals the beginning of something bigger.

Flash crash culprit. Financial regulators may be moving to fine brokers for allowing activities that led to the May 6 "flash crash," the Financial Times reports. Meanwhile, analysts are still digging for answers about what exactly happened, looking at strange patterns in the trading data.

Spitzer's legacy. After the Wall Street Journal took on former New York Atty. Gen. Eliot Spitzer's crusade against Wall Street, Spitzer defended himself and his legacy.

-- Nathaniel Popper