News bites: Gas prices keep falling in Sandy’s wake

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Barclays will say the traders bragged about a scheme but never carried it out, the news service reports, citing an anonymous source.

“The four traders in question, who boasted in emails and instant messages about how 'fun' it was to 'crap on' certain physical power prices, did not actually carry out the complex scheme they are accused of by the Federal Energy Regulatory Commission, a source familiar with the bank's thinking said,” Reuters reports.