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Wall Street Roundup: Oil prices hit stocks. Foreclosing on your bank.

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Gold: Trading now at $1,400 per ounce, up 0.8% from Monday. Dow Jones industrial average: Trading now at 12,330.90, down 0.5% from Friday.

Oil prices hit stocks. The Italian stock market was halted after stocks there fell sharply, one of many stock markets that is being hit today by rising oil prices and continuing political instability. A bit of smart analysis here.

WaMu execs warned. Former executives at Washington Mutual have been warned by the Federal Deposit Insurance Corporation that they may be facing lawsuits in the bank’s failure.

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Foreclosing on your bank. A rather astonishing tale of how a Philadelphia man took revenge on his mortgage servicer -- Wells Fargo -- by getting authorities to seize his local Wells Fargo branch.

Bank error. Bank of America announced that it would be taking a surprise $20.3-billion hit after failing to account earlier for the effects of credit card legislation.

--Nathaniel Popper

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