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Is Goldman Sachs' New Tower Falling Apart?
We just saw this tweet from The Real Deal and now we're worried that Goldman's state of the art, super-storm Sandy surviving building may be falling apart.UPDATE: A source inside the bank told us that...
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A Charming 2012 Christmas Poem, For Wall Streeters, By Wall Streeters
The Street Before Christmas 2012by Eddie Braverman‘Twas the Street Before Christmas Two Thousand and TwelveAnd everyone on Wall Street was hustling like elvesWe’ve got a Mayan apocalypse we have to...
View ArticleThe Majorly Bullish Wall Street Analyst Who Is Also A Distributor Drops Her...
Interesting...B Riley Caris analyst Linda Bolton Weiser, who is an Herbalife distributor and also covers the company for her firm, dropped coverage on Monday of the multi-level marketing company that...
View ArticleTED TALK: Algorithms Are Controlling Your World
In an insightful TED Talk, by tech entrepreneur Kevin Slavin on how algorithms have reached across industries (from finance to Hollywood) and into every day life (h/t dailymotion).Problem is, we may be...
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Forget The 'Vampire Squid' — Goldman Sachs Made An Incredible Comeback In 2012
Almost everyone loves to hate on Goldman Sachs, a.k.a the "Vampire Squid".Goldman's image and that of its CEO, Lloyd Blankfein, have been bruised by the criticism they have received over the bank's...
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What Wall Streeters Look Like When They're Not Wearing Their Uniforms
When Wall Street's masters of the universe dress down, you can hardly recognize them. Let's just say some of the biggest names on the Street don't make the best fashion choices either — ill-fitting...
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A NYC Money Manager Is Selling His Private Island Estate In Connecticut For...
Money manager Barrie Zesiger is selling his private island estate in Norwalk, Connecticut for $12.9 million — a home he and his wife have shared for 26 years (h/t WSJ).The house basically sounds like...
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The Best Thing About Having A Big Mouth On Wall Street
On Wall Street, investors and money managers usually like to keep the things they do pretty quiet. Tons of super successful people like Tom Steyer, Louis Bacon, and Bruce Kovner eschew the spotlight...
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Wall Street Wins Big In Fiscal Cliff Negotiations
For all the haranguing about what the fiscal cliff could do to Wall Street's wealthy, now that the deal's been done, it actually looks like things didn't work out so badly for them.Think about the...
View ArticleA Man Will Attempt To Break The World Record For Fastest Pizza At A Financial...
If you're in the Financial District, you might want to check out this pizza making battle next month at Harry's Italian Pizza — we know Wall Street loves a challenge.The NY Post reports that...
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Almost All Of The Wall Street Journal's 'Biggest Losers Of 2012' Are Wall...
Maybe you lost this in the New Year's shuffle like we did, but the Wall Street Journal blog, Deal Journal put out its list of the biggest losers of 2012 and almost all of them are Wall Streeters.There...
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REPORT: Knight Capital Is Selling Itself To Getco
It looks like trading firm Knight Capital will sell itself to Getco Holding company, sources tell Reuters.From Reuters:Though Virtu had offered an all-cash deal, Getco and its private equity firm...
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Vanity Fair Is About To Release A Salacious Look Into The Life Of Late...
We can't wait for this.The February issue of Vanity Fair will include The Ghost In The Gulf Stream, an intimate look at private equity investor Teddy Forstmann. He was a black jack player, an art...
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The Love Triangle Between Padma Lakshmi, Teddy Forstmann, And Adam Dell Was...
Next month's Vanity Fair is going to include a deep dive in to the world of late billionaire private equity investor, gentleman and philanthropist Teddy Forstmann.Naturally, we can't wait, and to ramp...
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This Is The Call That Made Deepak Narula The Most Successful Hedge Fund...
Deepak Narula, founder of Metacapital Partners, is the most successful large hedge fund manager in 2012, and he did it trading mortgage bonds, says Bloomberg Markets Magazine.In a year when the hedge...
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The Madoff Case Is Rearing Its Ugly Head Again, And Now JP Morgan Could Get...
Jan. 4 (Bloomberg) -- The Treasury Department’s inspector general has threatened to punish JPMorgan Chase & Co. for failing to turn over documents to regulators investigating the bank’s ties to...
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FIRED: Former Head Of The Federal Reserve Bank Of New York's Open Markets
NEW YORK (Reuters) - Brian Sack, the former head of the Federal Reserve Bank of New York's open market operations who for the last six months served as a senior policy adviser, is to resign effective...
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Citi CEO Mike Corbat Names New Co-Presidents
Michael Corbat, who became CEO of Citigroup three months ago when Vikram Pandit suddenly resigned, has announced his management team, the bank said in a release. The new co-presidents are Jamie Forese...
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We Are In The Midst Of A Secret Wall Street Hiring Shuffle
January isn't usually known as a time when Wall Streeters start passing around their resumes, but that's starting to change, and it's all because of bonus season.Since the financial crisis, bulge...
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Tom Wolfe Revisits Wall Street For The Daily Beast And Explains What Would...
Tom Wolfe's Bonfire of the Vanities is a modern classic that perfectly captures an era on Wall Street and in New York City when traders still yelled in pits and bankers were 'masters of the...
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