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Former Waiters Are Suing Peter Luger Steakhouse
Beloved steakhouse Peter Luger is being sued for alleged wage and hour violations by former employees, Newsday reports.Four former waiters filed a federal suit last week claiming that, starting in the...
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A Trader And Pro Swimmer Are Launching A New Fitness Studio That Sounds Like...
José Palau, who worked as director of equity trading at Waverly Advisors with Andrew Barber, is making an aggressive bet on the fitness sector these days.Right now, Palau, who has more than eight years...
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Meet The 'Winklevoss Twins' Of Goldman Sachs — Paul And Peter Scialla
Daily Intelligencer's Kevin Roose has uncovered the "Winklevoss twins" of Goldman Sachs— Peter and Paul Scialla.The good looking twins, who both made it to the highly coveted "partner" title in the...
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More Guys Are Shopping Like Girls
We're seeing it more and more. Retailers turning shops into man caves, and most recently, those man caves are turning into parties.This Thursday NYC bespoke-style men's suit shop, Windsor Custom, is...
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A Former UBS Banker Says He Was Tricked Into Having Sex With An Underage...
Former UBS banker Juerg Buergrin could face time in jail for allegedly having sex with an underage prostitute in Singapore, according to an Agence France-Presse report. Prostitution is legal in...
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CREDIT SUISSE TRADER: 'They Have Obliterated Our Rates Desk'
When we hear about Wall Street layoffs we usually hear about them in the hundreds or (more likely) thousands.So normally a dozen or so layoffs doesn't make an impact. This is different.Reuters reports...
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Former UBS Banker Says He Wasn't Seeking Underage Prostitutes Because He Had...
Former UBS banker Juerg Buergrin, who was the head of operations for the Swiss bank in Singapore, is on trial for allegedly having sex with an underage Singaporean prostitute.The banker's lawyer says...
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A Day In The Life Of A New York Stock Exchange Floor Broker
The storied New York Stock Exchange in lower Manhattan is a symbol of American capitalism.And the floor brokers, specialists and designated market-makers (DMMs) on the trading floor are the face of...
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Nomura Is Fighting To Have Fewer Ladies Bathrooms At Its NYC Offices
The New York Post's Lois Weiss has an exclusive today about how the owner of Nomura's new offices at Worldwide Plaza in New York wants to install fewer ladies' rooms on the lower levels. The argument...
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A Couple Is Suing A Commodities Broker After Boozy Parties Allegedly Left A...
A Brooklyn couple claims their Hamptons house was wrecked by the producers of an internet reality show that features boozy parties with girls in "various stages of undress" called "pArty of 5,"the New...
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JPMorgan's Investor Relations Department Got A Big Award For The Way It...
Investor relations trade publication IR Magazine had its big awards dinner last night and JPMorgan Chase's IR deparment got one for the way it handled the "London Whale" trade. The Wall Street...
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Wall Street Bonuses Are Expected To Jump 15 Percent This Year
NEW YORK (Reuters) - Bonuses at Wall Street firms will rise 15 percent this year despite ongoing pressure from investors, regulators and politicians about compensation levels, according to...
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The Fed's Latest Attempt To Take The Competition Out Of Wall Street Compensation
(Reuters) - The Federal Reserve is pushing banks to ignore competitors' performance when awarding bonuses, and focus squarely on their own profitability, according to pay consultants and other people...
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WALL STREET ANALYST: Twitter Is Disrupting The Main Service That I Provide
Last week after the Cyprus story first exploded, we pointed out that Twitter proved to be a far more useful source of serious analysis on the topic than Wall Street, which was fairly slow in producing...
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Inside The Movie Premiere Of 'The Ghost Exchange' — A Warning About High...
High frequency trading is one of the most polarizing issues on the Street.It's also so complex it's hard to talk about in normal conversation.To broaden the investing world's understanding of the...
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Shares Of Evraz Tanked After That Report About Roman Abramovich Being Arrested
Shares of Russian steelmaker Evraz, whose controlling shareholder is Roman Abramovich, slipped this morning on a Russian business news agency's report that the Russian billionaire was being detained by...
View ArticleHelp Us Nail Wall Street's Favorite Restaurant
Entertaining and eating with clients is a big deal on Wall Street, and for the most part, no amount of money is too large for top notch food and top notch service.That said: Wall Street's favorite...
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23 Ways Your Wall Street Job Will Ruin Your Life
If you're considering going to Wall Street, you should really know what you're getting into.Yes, you will get paid better than average people all over the world. Yes, you will get to learn new things...
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Billionaire William Koch Is Suing Over $300,000 In 'Fake' Wine He Bought That...
Billionaire energy magnate William Koch has filed a federal lawsuit against Internet entrepreneur Eric Greenberg for allegedly selling a set of fake wines that taste like vinegar, the New York Daily...
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Warren Buffett Is About To Own A Whole Lot Of Goldman Sachs
Warren Buffett is about to become one of Goldman Sachs' biggest shareholders come October, Bloomberg reports.Back in 2008 when the world was falling apart, Warren Buffett gave Goldman Sachs a nice...
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