Clik here to view.
The Ugliest Businesses On Wall Street Are Going To Get Uglier
Wall Street investment banks stand to lose $17 billion in revenue from fixed income, currencies, and commodities trading by 2016 due to new regulation, Bloomberg reports.This is bad news made even...
View ArticleHere's French Actor Gerard Depardieu As Dominique Strauss-Kahn
French actor Gerard Depardieu is playing the role of Dominique Strauss-Kahn in a upcoming movie about the sex scandal that caused DSK to resign as head of the International Monetary Fund (IMF). Here's...
View ArticleClik here to view.
Wall Street Has Developed A Healthy Fear Of Some Of The World's Riskiest Regions
There are places in the world where even Wall Street investment banks must be careful to tread, at least that's what they're coming to realize.According to the Financial Times, banks are scaling down...
View ArticleClik here to view.
Three Japanese Whiskeys You Should Definitely Try
As we begin to "discover" Japanese whisky, we immediately thirst for more, seeking out new brands and older expressions. We're the Captain Kirks of whisky drinkers, venturing into darkness. While the...
View ArticleClik here to view.
Jon Corzine Is Being Sued By MF Global's Bankruptcy Trustee
Bloomberg is reporting that Jon Corzine is being sued by MF Global's Chapter 11 bankruptcy trustee Louis Freeh.Broker-dealer MF Global collapsed in the fall of 2011 and more than a billion in customer...
View ArticleClik here to view.
Take A Tour Through The New York Stock Exchange's 221-Year-Old Archives The...
The storied New York Stock Exchange in Manhattan's Financial District is rich with history. That history has been kept alive, in part, because the organization has kept thorough archives since 1792.How...
View ArticleClik here to view.
A Chinese Banker Jumped To His Death — Some Think It Was Because Of The Gold...
Last week, 60-year-old banker Wang Shiqiang, who worked for state-owned China Jianyin Investment, jumped to his death from a building in Beijing's financial district, the South China Morning Post...
View ArticleClik here to view.
Here's How Traders Used To Instant Message Each Other Back In 1922
We recently took a rare tour of the New York Stock Exchange building and its expansive archive collection. One of the cool things we learned while we were there was how traders communicated with each...
View ArticleClik here to view.
Meredith Whitney Made Two Bullish Calls On Financials Last Month, Here's How...
Last month Meredith Whitney spoke to Maria Bartiromo on CNBC's Closing Bell and said she was more bullish about U.S. Equities than she had ever been in her career.That was big news in this uncertain...
View ArticleClik here to view.
Billionaire Leonard Stern Is Selling His NYC Penthouse For $17.25 Million
Curbed reports that the Soho penthouse belonging to billionaire businessman Leonard Stern is back on the market. Stern, who NYU's business school is named after, purchased the place located at 459 West...
View ArticleClik here to view.
AP Just Got Hacked And A Fake Tweet Caused The Stock Market To Tank
Story of the day: The AP twitter feed was hacked, and "reported" that there was an explosion at The White House, injuring Barack Obama.The tweet looked like this. It came just after 1 PM ET.Of course...
View ArticleClik here to view.
The Distinction That Makes Jon Corzine Worse Than Wall Street CEOs From The...
With the announcement that MF Global Trustee (and former FBI chief) Louis J. Freeh will charge Jon Corzine for failing in his duty to oversee the company, the meaning of Jon Corzine shifts once...
View ArticleClik here to view.
Ron Paul On Bitcoin: 'If I Can't Put It In My Pocket, I Have Some Reservations'
Former Texas Rep. Ron Paul (R-TX) weighed in on Bitcoin, the controversial alternative digital currency, today on Bloomberg TV with Erik Schatzker and Sara Eisen. "To tell you the truth, it's little...
View ArticleClik here to view.
SALLIE KRAWCHECK: My Most Mortifying Moment At Work Was Because Of This Very...
This post originally appeared on LinkedIn. Follow Sallie on LinkedIn I was pretty new to Bank of America, running, among other things, its US Trust division. Bank of America had a new CEO, and we were...
View ArticleClik here to view.
Max Baucus And His Likely Finance Committee Replacement Got Campaign Money...
Senator Max Baucus (D-MT) has announced that he will not run for reelection in 2014. That means alot to Democrats, who want to keep their slim majority in the Senate.It also means alot to Wall...
View ArticleClik here to view.
A Gorgeous, Animated Visualization Of The Market's Dramatic Plummet This...
This afternoon, the market briefly lost $136 billion when someone hacked the Associated Press' Twitter feed and tweeted that the White House had been attacked and that President Obama had been...
View ArticleClik here to view.
A Spandex-Wearing Roller Skating Girl Thinks Citi Bankers Need To Be Spanked
So this happened today at Citi's annual meeting in Midtown Manhattan...From the Financial Times: About 20 protesters gathered outside the meeting at the Hilton hotel on Sixth Avenue in New York,...
View ArticleClik here to view.
The Most Lucrative Businesses At Wall Street's Biggest Banks
Here's a cool chart that comes to us from Deutsche Bank's "Equity House View" report. It captures the most productive businesses at the big investment banks as measured by revenue per employee.As you...
View ArticleClik here to view.
The Way-Too-Normal Restaurant Where Wall Streeters Go To Talk Shop
A well-connected Wall Street trader told Business Insider that when he wants to talk shop over dinner he goes to the Olive Garden. Yes, the Olive Garden. It makes perfect sense, though.No one would...
View ArticleThe Largest US Options Exchange Couldn't Start Trading Until Mid-Day Because...
Another technical glitch hits the Stree t...Today the Chicago Board Options Exchange (CBOE), the largest U.S. options exchange, wasn't able to start trading until mid-day. According to the Wall Street...
View Article