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A Day In The Life Of An Options Trader
5:45– early rise, whichever desk you end up on you are most likely going to be waking up around this time. Adjust your sleeping habits accordingly or suffer for most of the day.6:30– Arrive on the...
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A Bunch Of Wall Street Hotshots Are Judging An Investment Idea Contest With A...
Fifty thousand dollars is a game-changer, wouldn't you agree?For the second year, the Value Investing Congress (VIC), a massive investment idea conference, and SumZero, an online community of...
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An Ex-NYU Professor Was Arrested After Allegedly Sending Citi's Chief...
A former NYU economics professor was arrested on Monday night for allegedly stalking and harassing her ex-lover, Citigroup's chief economist Willem Buiter, the New York Daily News' Shayna Jacobs and...
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Knight Capital's CEO Tom Joyce Quits, Here's His Resignation Letter
Knight Capital's Chairman/CEO Tom Joyce sent an email out this morning saying that he has resigned.Here's the email obtained by Business Insider:To the KCG Board of Directors:Over the course of the...
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The 12 Silver Foxes Of Finance
Gray hair is the ultimate banker/hedge fund hair do. We couldn't help but notice that a handful of folks in finance have developed some really, really nice silver strands over the years. They're what...
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16 Killer Wall Street Movies To Entertain You Over The Holiday Weekend
Every banker, trader, broker etc. we've talked to will barely glance at their Blackberry, let alone their Bloomberg screens over the next couple of days.Everyone is in holiday mode.So while you're...
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Eliot Spitzer's Comptroller Run Is A Direct Shot At Wall Street
Eliot Spitzer has already proven that he can turn a less-than-sexy political office into a national conversation. If he wins the race for New York City Comptroller, you can expect him to do it again.It...
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How True To Life Are Your Favorite Hollywood Wall Streeters?
Both Hollywood and Wall Street are larger-than-life places, so it's only natural that the two have come together on numerous occasions. Classic Wall Street films such as "Working Girl" (1988), "Trading...
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ANALYST: There's No Way Bill Ackman Is Targeting FedEx
Yesterday the rumor was that Bill Ackman, activist hedge fund manager extraordinaire, is raising money to buy a significant stake in a major American company, and that company is FedEx.Pershing Square,...
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The Epic Rise And Potential Fall Of Meredith Whitney
Times are tough for famed equity analyst Meredith Whitney.Whitney — who gained national attention during the financial crisis for correctly predicting that Citigroup would have to cut dividends due to...
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FROM HOT TO NOT: The 4 Stages Of A Hedge Fund
Just years ago, top hedge funders reigned as untouchable masters of the universe.We've come a long way, according to this week's Bloomberg Businessweek cover story from Sheelah Kolhatkar chronicling...
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Elizabeth Warren's Bill To Neuter Wall Street Is Bringing Out The Fundamental...
There have been two salient reactions to the news that Elizabeth Warren is trying to reintroduce Wall Street's nightmare legislation, Glass-Steagall. One is a big populist high-five, the other is...
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The Truth About Taking Vacation On Wall Street
“Vacation time? People come and work at this firm for one reason: to become filthy rich. That’s it. We’re not here to make friends. We’re not savin’ the bleepin’ manatees here, guys. You want vacation...
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How Mortgage Bonds Are Made
How do mortgages make it to Wall Street anyway?None of the following is essential to understanding mortgages from a personal finance standpoint, I just thought the details of mortgage securitization...
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Citigroup's Earnings Are Out Tomorrow — Here's What Wall Street's Thinking...
Tomorrow morning Citi will report Q2 2013 earnings at 8:00 a.m. with a conference call to follow at 11:00 a.m.Analysts are expecting earnings per share of $1.18 and a 6.1% y/o/y increase in revenue to...
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Citigroup Beats Earnings
Citigroup just released its second quarter earnings results at 8 a.m. and they beat analysts estimates. The bank posted adjusted EPS of $1.25. Revenue came in at $20.5 billion.On average, analysts were...
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The 36 Best Football Players On Wall Street
Anyone who plays football professionally knows that they won't be able to play forever. That means they need to have post-football career plans in mind.For some, Wall Street is the perfect fit. It's...
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Goldman Sachs Posts Earnings Tomorrow — Here's What You Should Know
Last quarter, Goldman Sachs did what it's known to do and crushed earnings. Tomorrow, the bank reports for Q2 2013 before the bell, with a conference call to follow at 9:30 a.m.Analysts are expecting...
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Goldman Sachs Crushes Earnings Estimates
Goldman Sachs posted adjusted earnings per share of $3.70 for the second quarter beating Wall Street analysts' expectations.Revenue for the second quarter came in at $8.61 billion. On average, analysts...
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Goldman's Earnings Were Great…Until You Look At The Details
Goldman Sachs may have just crushed earnings estimates, but that's in no way the whole story here. To get the bigger picture of how the bank (and thus The Street) is fairing you need to look at debt...
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