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Talk Like A Wall Street Banker
“I have read Monkey Business, Liar’s Poker, and When Genius Failed each 3 times and consider them my collective bible. I know I have the eye for perfection and artistic vision to create truly...
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BofA CEO Brian Moynihan Takes Home $11 Million In Stock Compensation For 2012
Charlotte, North Carolina-based Bank of America has awarded its CEO Brian Moynihan 926,238 shares of restricted stock worth more than $11 million for 2012, according to a filing (via Bloomberg...
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Only Michael Lewis Could Turn A Financial Book Review Into A Gripping Read On...
Financial journalist and award-winning author Michael Lewis has a glowing review of John Lanchester's upcoming novel "Capital," which will be published in May. In The New York Review of Books, Lewis...
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Two Regulator Directors Are Seeking To Ban Jon Corzine From Trading Futures...
A pair of National Futures Association directors are expected to submit a proposal today to the self regulatory agency to have Jon Corzine, the ex-CEO of now-defunct MF Global, banned from the futures...
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13 Wall Street Interview Questions That Make People Stutter
It's that time again — Wall Street interview time.Since the Street is in such pain, acing these questions is more important than ever.That's why we've gone through our files to find questions that...
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How To Deal With The 'Biggest Weakness' Interview Question On Wall Street
Interviewer: "So... what's your biggest weakness?"To be honest, I think the biggest weakness question is one of the most bullshit questions you can get during an interview. But people keep asking it,...
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The UBS Rogue Trader's Old Supervisor Got A Big Promotion At GETCO
The former supervisor of Kweku Adoboli, the UBS rogue trader who lost the firm $2.2 billion on the ETF desk in London, got a big promotion at his new firm.From the Financial Times: John DiBacco, who...
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Citigroup's New CEO Awarded $11.5 Million For 2012
Citigroup's new CEO Michael Corbat was awarded $11.5 million in compensation for 2012, according to Bloomberg News. Corbat became CEO of Citi back in October of last year when Vikram Pandit suddenly...
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You Only Need To Know Three Words To Be A Wall Street Lobbyist
Usually, Wall Street's top lobbyist are chosen from the creme de la creme of business and politics, so if that's any indication, the job requires considerable talent.According to a quick blog post from...
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There's Still Turmoil Over Executive Bonuses At Citigroup
Yesterday, Citigroup announced that it's CEO Michael Corbat would be paid $11.5 million for 2012.Today, Dealbook has written about the fall-out from that announcement.The verdict: Shareholders are...
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The Greatest Trades In Wall Street History
Every day thousands and thousands of transactions are done between investors around the world, but lets face it, most of them will never be remembered.For that reason, among others, the trades that do...
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11 Exclusive Clubs That Wall Streeters Are Dying To Get Into
Sometimes even the Masters of the Universe need their own sanctuary from the high-flying world of Wall Street.Enter Manhattan's exclusive members-only clubs. No, we're not talking about the ones...
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What Overeating Does To Your Body
Wall Street is an easy place to pick up the habit of overeating.Think about it: It's a place that embraces taking clients out to lavish dinners, working long days and sometimes splurging on meals to...
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Citi Offered Jack Lew A Big Bonus To Secure A 'High-Level' Government Position
It's not uncommon for a U.S. Treasury Secretary to have served on Wall Street, but what's interesting about this next one is that his bank gave him a pretty significant financial incentive make the...
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Brokers Allegedly Guzzle Red Bull And Stand For 14 Hours At This Firm That's...
Anastasios "Tommy" Belesis's brokerage firm John Thomas Financial has drawn regulatory scrutiny and could face disciplinary action from FINRA, Bloomberg News' Zeke Faux reports.FINRA records show that...
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REPORT: There's A Fresh Round Of Layoffs Coming To Goldman Sachs
This just in from Reuters, Goldman Sachs is about to begin a fresh round of job cuts. They could begin as early as next week and will hit the equities business harder than fixed income.Goldman usually...
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12 Bizarre Ways To Get In Trouble At Your Wall Street Job
Some people get flack at their jobs for taking too many days off, or perpetually coming in late. Those things are common, so when they happen no one bats an eye.There are other people, however, who get...
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JP Morgan Is Laying Off 4,000 Employees
JPMorgan Chase is holding its investor day in Manhattan today. The bank's CEO Jamie Dimon is slated to speak and open up for Q&A this early afternoon.In the Firm Overview JPMorgan released, the...
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Don't Get Too Excited About That Rise In Wall Street Bonuses
The office of New York State's Comptroller, Tom DiNapoli, just put out its annual review of the state of Wall Street bonuses, and let's put it this way, the results need serious unpacking.In New York...
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The Average Wall Streeter Still Makes A Staggering Amount More Than The...
Today, New York's Office of the Comptroller put out its annual Wall Street compensation report for 2012.It's an important report because it gives the state and city and understanding of what kind of...
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