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Major Exchange Admits High Speed Traders Are Exploiting A Loophole In Their...
The Wall Street Journal reports that high speed traders are exploiting a hidden loophole in the Chicago Mercantile Exchange's (CME) computer systems, and that the CME has had knowledge that they are...
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Doug Kass Desperately Reaching For Common Ground With Warren Buffett Right Now
Warren Buffett is shaking things up a little this year at the Berkshire Hathaway shareholder meeting. He's invited hedge fund manager Doug Kass, who is bearish on the company, to ask questions at the...
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Ex-Barclays CEO Bob Diamond Thought It Was 'So Nice' When His Daughter...
The New York Times' Andrew Ross Sorkin has a great read today on former Barclays CEO Bob Diamond. Last summer, Diamond resigned from Barclays top post amid the LIBOR rigging scandal. One of the...
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Dear Wall Street, This Is How You Buy A $37 Million Penthouse Without...
Everyone on the Street is buzzing about Andrew Ross Sorkin's must-read piece in The New York Times on former Barclays CEO Bob Diamond. It's a great reflective profile on the top banker who fell from...
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Warren Buffett Is About To Tweet
Legendary billionaire investor Warren Buffett, the founder of Berkshire Hathaway, will be Tweeting today at noon today for the first time. — Fortune Magazine (@FortuneMagazine) May 2, 2013At 12 p.m....
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WARREN BUFFETT: This Is How You Know You're Really Successful
Legendary investor Warren Buffett, the founder of Berkshire Hathaway, spoke with Fortune magazine's Pattie Sellers in Omaha, Nebraska today. He answered questions and talked about women, work and...
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A Day In The Life Of An Options Trader At A Major Wall Street Bank
This is a guest post from “DerivsTrading,” who founded S&T Careers.com to teach you how to win bulge bracket trading interviews and offers and ace your assessment centers. He’s an experienced flow...
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WARREN BUFFETT TWEETS: 'Warren Is In The House'
Warren Buffett's first Tweet...Warren is in the house.— Warren Buffett (@WarrenBuffett) May 2, 2013"Who says you can't teach an old dog new tricks?" Buffett joked after Tweeting.Before he actually...
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FORMER BANKER: Arrogant Wall Streeters Really Just Need A Hug
She got in touch writing that "one perspective missing from your blog is that of recent MBA graduates who still are extremely enamoured by the 'glamorous' world of mergers and acquisitions. While all...
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Lloyd Blankfein's Best Advice For Young People — Forget The Straight Line
Yesterday at the ICI annual meeting in D.C., Goldman Sachs CEO Lloyd Blankfein was asked what advice he would give young people starting out their careers in finance and other industries. "You have to...
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Washington Is Tired Of Jamie Dimon
It wasn't long ago that Jamie Dimon was America's favorite banker — shaking hands and wearing his Presidential cuff links on Congressional panels, admonishing bad bankers with speeches about "Old...
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The Legendary Sallie Krawcheck Has Some Advice For Young Bankers
This summer thousands of kids will start Wall Street jobs or internships for the first time, and they need to know that it's going to be really hard. The hours are long, the bosses are demanding, and...
View ArticlePSA TO ALL WALL STREETERS: Don't Piss Off The Hamptons Locals Or They'll...
Summer is almost here and that means Wall Streeters will be heading east for the Hamptons.So heed this as a friendly public service announcement...Hamptons native/handyman Joe Schwenk, who Tweets under...
View ArticleCHARLIE MUNGER: You Can't Trust Bankers Because They're 'Like Heroin Addicts'
Warren Buffett's right-hand man at Berkshire Hathaway, Charlie Munger, told CNBC this morning why he doesn't think you can trust bankers to govern themselves."I don't think you can trust bankers to...
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Buffett To Hedge Fund Manager: 'You Didn't Convince Me To Sell The Stock'
Weeks ago Warren Buffett called on investors far and wide to be the "credentialed bear" at his Berkshire Hathaway's massive annual shareholder blowout in Omaha.Ultimately, Palm Beach hedge fund manager...
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PBS Frontline Nails It On How Wall Street Screws Main Street
“The Retirement Gamble,” a PBS Frontline documentary, looks critically at inherent conflicts between the financial services industry and investors. The program excellently frames these complex issues...
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The Fabulous Lives Of Wall Street Offspring
Just like you and me, Wall Streeters from all parts of the industry get the itch to settle down and start a family at some point.That means they have kids who share their fabulous lives. We decided to...
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Leon Black Is In Hardcore Sell Mode Right Now
I didn't get a lot of news from the Milken Institute this past week, doesn't seem like there's a lot of discussion about finance or markets there anymore.But Randall Forsyth's Up & Down Wall Street...
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Why Wall Streeters Lose Their Personalities
I used to work with a guy that had everything on the surface, but absolutely nothing inside. The guy was 6 feet tall, good-looking, charismatic, multi-lingual, graduated from a top business school, and...
View ArticleCheck Out The Preview For This Incredibly Violent Anti-Wall Street Movie That...
"Assault on Wall Street," a new movie from director Uwe Boll, hits theaters for limited release on Friday.Below is the synopsis, via Rotten Tomatoes:A security guard for an armored truck, Jim (Dominic...
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