Angry Jury In Mortgage Fraud Case Demands To Know Why CEOs Aren't Being Put...
It's a question many have asked themselves since the beginning of the financial crisis; Why aren't the CEOs of Wall Street banks on trial for the events that lead to the crash of 2008 and our current...
View ArticleKnight Capital's CEO Is A Shining Example Of What A Wall Street CEO Should Do...
Tommy Joyce has had a really, really rough weekend. Last Wednesday, a trading glitch lost the company $440 million in half an hour and since then stockholders have been selling in droves. To Joyce's...
View ArticleIT'S WALL STREET INTERVIEW SEASON: Here Are 10 Questions That Will Melt Your...
As of Friday, interns are either leaving Wall Street, or finding out they have their dream offer. If you're in the former camp – you didn't get an offer — it's okay. There's still hope. Step away from...
View ArticleA Female Banker Ranks The Dateability Of Men From Different Parts Of Wall Street
Every now and then we have to tip our hats to the guys at Wall Street Oasis — they've really created a place where bloggers feel like they can let loose. That's what one female banker (with the...
View ArticleANOTHER GLITCH: This Time It's The Tokyo Stock Exchange, Derivatives Trading...
UPDATE: Derivatives resumed trading after being shut down for 95 minutes. The Tokyo Stock Exchange had halted trading in derivatives due to a system error, Bloomberg reported. This included trading in...
View ArticleThe Rules That Could've Prevented The Knight Trading Disaster Exist — The SEC...
The SEC is considering writing regulations that would require trading firms and other market participants to disclose issues with their trading programs and test them before they are used on the open...
View ArticleCFA WATCH 2012: Most Of The Level 3 Test-Takers Passed
A bunch of anxious Wall Streeters are likely freaking out this morning to see whether or not they will become Chartered Financial Analysts. The good news is more than half of the Level III test-takers...
View ArticleREPORT: The 'You F---ing Americans' Banker At Standard Chartered Has Been...
The banker who allegedly uttered the most shocking, expletive filled statement in the complaint against British bank Standard Chartered has been identified as Richard Meddings, Michelle Celarier of...
View ArticleTwo Senators Are Trying To Make Jamie Dimon's Worst Nightmare A Reality
It's hard to get politicians from different sides of the aisle to cooperate in Washington these days. Thus our surprise when we read a letter from two members of the Senate banking committee, Sen....
View ArticleLooks Like Knight Capital Might Have Lost Less Money Than Everyone Thought
In a letter to clients, the CEO of Knight Capital said that his firm is coming back, slowly, but surely, Bloomberg reports. More importantly, things aren't as bleak for Knight as everyone thought....
View ArticleA Male Banker Describes A Typical Female Banker In NYC — And Why He Won't...
These Wall Street dating debates get pretty heated on Wall Street Oasis, we must say. Earlier this week we brought you a well researched ranking from a Wall Street woman just trying to find her Wall...
View ArticleDuring These Stressful Times, Wall Streeters Have Been Turning To Botox To...
As many Wall Streeters deal with the turbulent economic conditions and daily fight to keep their high stress jobs, several men have been turning to Botox to make their frowning faces look refreshed....
View ArticleThere's Only One Real Lesson To Be Learned From The Standard Chartered Fiasco...
If in fact — and as reported — the UK-based Standard Chartered Bank is fined a token $700 million for the violation of American sanctions in dealing with Iran, then we are left with only one...
View Article20 QUESTIONS: Meet Jose, An Equities Day Trader In Miami
Wall Street is a huge place with all kinds of people, and here at Clusterstock, we try to show you as many sides of the industry as possible. That's why we came up with a questionnaire profiling...
View ArticleBANKER GIRL: Here's What Everyone Has Wrong About Dating On Wall Street
Over the last few days we've been monitoring a debate on Wall Street Oasis about dating in the industry. If you haven't seen this stuff, we'll warn you right now, it's getting heated. First a female...
View ArticleBloomberg TV's Stephanie Ruhle Gives An Hour By Hour Account Of Knight...
This past weekend, the designated market maker, Knight Capital, secured crucial financing to keep the company afloat via a deal with Jefferies. Stephanie Ruhle of Bloomberg Television's Market...
View ArticleThe CEO Of A Private Equity Firm Invited Us To Watch Him Play Polo — And It...
Last weekend, Clusterstock had the opportunity to watch the founder of private equity firm Solaia Capital, Michael Carrazza, play in a polo match — it's his polo match, in fact, as the team he plays...
View ArticleBAROFSKY: No Criminal Charges Against Goldman Tells Us Something About The...
The SEC has abandoned its attempt to bring criminal charges against Goldman Sachs for any part that it may have had securitizing mortgages before the housing crisis, the FT reports. You may remember...
View Article20 Infamous Quotes That Wall Street Wishes Were Never Made Public
No matter how many times embarrassing Wall Street emails or conversations get made public, it never seems to stop. Just this week, we had a British bank exec's allegedly profane outburst against...
View ArticleThe S&P Estimates That Dodd-Frank Regulations Could Hurt US Bank Profits Way...
According to a new report by Standard & Poor's, the annual collective pretax profit of the US' eight largest financial institutions could fall by as much as $34 billion from Dodd-Frank related...
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