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Top 10 News Items 9/28-10/02: Jobs Number Comes in Worse-Than-Expected; Ken Lewis to Retire from BofA at Year-End; Xerox Bids for ACS

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    Last Updated: October 3rd, 2009

    Here is a recap of the top news items from this week on Wall Street:

    1. The important September jobs number was released on Friday and as had been anticipated, was worse than expected. The data showed that the change in nonfarm payrolls for September was down 263,000, vs. the consensus of -175,000. The unemployment rate for the month came in at 9.8%, vs. the consensus of 9.8%. Although futures traded sharply lower, buyers stayed resilient and the market hung in there, vacillating around breakeven throughout most of the day.

    2. On Wednesday, Bank of America (NYSE: BAC) CEO

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