Credit Suisse, Jon Corzine: Hot Trends

Popular searches on the Internet Monday include Credit Suisse(CS) on news the Swiss bank reportedly will cut another 1,000 jobs on Tuesday, the same day it reports third-quarter earnings.

The job cuts come on top of the 2,000 jobs the company said it would axe in July. The cuts mostly will occur in investment banking in the U.S. and London, as the company reportedly will restructure its investment bank in order to meet new capital rules. Credit Suisse's wealth management division also will be affected by the cuts.

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The bank is expected to report a fall in third-quarter underlying earnings due to the weak trading environment and foreign tax authority pressure it has been under in its cross-border business. Jon Corzine is trending as the former New Jersey governor and current chief executive of MF Global(MF) raced to find a buyer for the struggling brokerage firm over the weekend. Last week, shares of the firm dropped by nearly 50% on Tuesday after an unexpected second-quarter loss. Its credit rating was also cut to junk status by Moody's. The company reportedly worked over the weekend to sell all or part of its business, reportedly reaching out to major banks including Citigroup(C), Jefferies Group(JEF), JP Morgan Chase(JPM) and Wells Fargo(WFC). Corzine had taken over as chief of MF Global in March 2010, with the plan to convert the firm into a mini Goldman Sachs(GS), of which he also was at the helm. Investors had largely been betting that he would turn the company around. Google(GOOG) Doodle is another popular search. In honor of Halloween, the Google Doodle on the search engine's home page celebrates the holiday, but not with its typical image artwork or animation.

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Monday's Google Doodle is a time-lapse video of Google employees carving six enormous pumpkins to spell out the letters of their namesake company. The carving, which took place at Google's Mountain View, Calif., campus, goes from day to night in the video, and concludes the reported eight hours of labor with flickering light bulbs inside the pumpkins illuminating the letters in the dark night.

The chatter on Main Street (a.k.a. Google, Yahoo! and other search sites) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on the Web, and highlights the news that could make stocks move..

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