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OLeary settles SEC suit over payments received after company filed fraudulent financial results.
No debt offered so far in August as crisis boosts borrowing costs by 40%.
Dealers on defensive amid European debt crisis, slowing global economy.
High-yield sales head for slowest month since December 2008.
Slowing U.S. economy may undermine bank earnings, bonuses.
Spread hits widest point since December 2009 on slower growth, Euro debt.