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Why Politicians Think Now Is The Perfect Time To Shrink Wall Street Down To Size
Yesterday Senators Sherrod Brown (D-OH) and David Vitter (R-LA) presented a new bill that could seriously curtail the size of Wall Street banks. It's called the "Terminating Bailouts for Taxpayer...
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Martha Stewart Checked Out This Wall Streeter's Striking $30 Million...
Martha Stewart may be growing tired of her 153-acre Cantitoe Corners estate in Bedford, N.Y., because according to the NY Post, she checked out another amazing Bedford estate belonging to financier...
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S&P Makes Proposed 'Too Big To Fail' Rules Sound Like Wall Street Armageddon
The regulation proposed by Senators David Vitter (R-LA) and Sherrod Brown (D-OH) intended to end 'Too Big To Fail' was obviously going to make Wall Street nervous — but we didn't expect Standard and...
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JCPenney Shares Spike After Report Of New Financing Deal
This just in from CNBC's David Faber...ALERT: Goldman rounds up financing for $JCP, has commitment for $1.75B loan w/no equity component backed by real estate, other assets.— CNBC (@CNBC) April 26,...
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The Hottest, Highest-Paid Executive At JPMorgan Just Moved One Step Closer To...
JPMorgan Chase's Matt Zames has been a standout at the bank during the last year.In a press release yesterday, the bank announced that Zames, the current co-chief operating officer (COO), will take...
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Secretly, Some Wall Streeters Think The Industry Is Greedier Than Ever
“I meet a lot of these people on Wall Street on a regular basis right now...I am going to put it very bluntly: I regard the moral environment as pathological. And I am talking about the human...
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BANKERS SOUND OFF: Here's What I Wish I Knew When I First Started Working On...
It's the time of year when college seniors around the country say goodbye to their carefree childhood and get ready to join the real world.And if that real world is going to be Wall Street, they're...
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Jamie Dimon's Daughter Explains How Women Avoid Getting Caught Defecating At...
JPMorgan Chase CEO Jamie Dimon's daughter Laura has an article in the Daily Beast about women going No. 2 in the office. Laura's piece features a series of anecdotes on how women are pooping at work...
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This RBC Financial Advisor Crushed It During The Major League Lacrosse Season...
Major League Lacrosse had its 13th season opener this weekend. Lacrosse, which is the fastest growing sport in America, has a lot of Wall Streeters who play professionally in addition to their finance...
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INVESTMENT FIRM: Tesla Is The Next Apple, And It's Going To $200/Share
Last week, electronic car maker Tesla announced a bunch of changes to its service and warranty policy that will make it easier for customers to take care of their Model S cars.Since then, the stock is...
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Ex-UBS Banker Convicted Of Having Sex With An Underage Singaporean Prostitute
Former UBS banker Juerg Buergrin, who was head of operations for the Swiss bank in Singapore, has been convicted of having sex with an underage Singaporean prostitute, Bloomberg News reports. Buergrin...
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Infamous Trader With A $320,000 Bar Tab Has Been Charged In A $7 Million...
Alex Hope, the young trader who dropped over $320,000 on champagne and Grey Goose at a Liverpool nightclub last year, has been charged in relation with a $7.7 million unauthorized investment...
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Robert Downey Jr. Calls Floor Traders 'Low IQ' And 'Obnoxious' In Ancient...
This morning, Robert Downey Jr., star of "Ironman,"rang the opening bell on the New York Stock Exchange.It's something of a role reversal.Oil trader Philip "PCD" Dunham recently directed us to this...
View ArticleEARLY APPLE INVESTOR: Why My Team Went With Our Gut Feeling To Give Steve...
Peter Crisp, a former managing partner at venture firm Venrock Associates, was one of the first investors to take a chance on Steve Jobs before he was Steve Jobs back in 1979.Seems like a great idea...
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ANTHONY SCARAMUCCI: What I Wish I Knew Before Starting On Wall Street
It's getting to be that time of year when rosy-cheeked college seniors say goodbye to school and hello to the real world.Here at Business Insider, we're trying to let them know a little something about...
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Steve Schwarzman Says Blackstone Group Will Hire 50,000 Military Veterans
Billionaire private equity tycoon Steve Schwarzman is doing something really patriotic.Today, he announced that Blackstone Group will hire 50,000 military veterans.These hires will be made within...
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MBA VS. CFA: Here's How To Decide Which One To Get
There comes a time in a Wall Streeter's life when he or she must make a decision about how to advance their career.For many that means deciding whether to head to Business School for a Masters in...
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Charlie Gasparino Explains How Non-Italians Always Screw Up When They Make...
Fox Business Network's senior correspondent is featured in the New York Times' Diner's Journal.The Wall Street reporter dishes on how he likes his meatballs and martinis. From the NYTimes: How to make...
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How To Keep Your Soul On Wall Street
Another key to wealthI’ve written before that the key to being wealthy involves work, and in particular, work doing something you would do regardless of whether it pays or not.But giving money away is...
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11 Crazy Things That Only Happen At The Berkshire Hathaway Annual Meeting
The annual pilgrimage to Omaha, Nebraska for the Berkshire Hathaway Shareholder Meeting is happening this weekend. If you've never heard of it, just know that it's a highly-anticipated and...
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