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Why Hooters Girls, Beauty Queens And Traders Took Over The NYSE Floor
More than a thousand young professionals, mostly from the financial services industry, filled the trading floor of the historic New York Stock Exchange last night for a huge charity event. Autism...
View ArticleWATCH: The Trailer For The New Wall Street Movie 'Supercapitalist' Is Intense
Here at Clusterstock we're big fans of Wall Street movies and we're really excited about this new independent film called "Supercapitalist." Here's a synopsis: A maverick New York hedge fund trader...
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If It's Your First Year At Merrill, This Is How Much Your Bonus Will Be (BAC)
Bank of America Merrill Lynch first-year analysts can look forward to a nice paycheck at the end of August, even if it is lower than in the past. Sources with knowledge of compensation for the first...
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The Hilarious Story Of How Anthony Scaramucci Was Hired, Fired, And Rehired...
SkyBridge Capital founder Anthony Scaramucci is a graduate of Tufts, Harvard Law and Goldman Sachs. It may not sound like a strange trajectory for a Wall Streeter — but trust us, the details of this...
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The 14 Best Finance Stories The Onion Has Ever Run
When America wants to laugh at itself, there's not better place to turn than The Onion. And if you think about it, humor is really one of the few healthy ways to deal with our current global financial...
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The Biggest Names In The Hedge Fund World Have Officially Gone Sour On...
Yesterday hedge funds filed their quarterly 13-F reports with the Securities and Exchange Commission. And if you compare new filings to old ones you get to see what financiers have picked up, and what...
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20 QUESTIONS: Meet Daniel, An Equities Day Trader In Dallas
More knowledge from the guys that go it alone — day traders. Last week you met one from Miami, today it's Dallas. We created this questionnaire at Clusterstock so that we could get a full view of what...
View ArticleGoldman Sachs to cut 20 to 30 jobs in sales and trading, Bloomberg reports.
Goldman Sachs to cut 20 to 30 jobs in sales and trading, Bloomberg reports. Please follow Clusterstock on Twitter and Facebook.Join the conversation about this story »
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Matt Taibbi Totally Went Off On Attorney General Eric Holder For Deciding Not...
We weren't shocked when we heard the Justice Department was not going to pursue criminal charges against Goldman Sachs for offenses reported in a 2011 Senate investigation that basically blamed...
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ANTHONY SCARAMUCCI: Yes, I Would Invest In Jon Corzine's Hedge Fund
Today, Dealbook reported that, former New Jersey Governor and head of the now defunct commodities firm MF Global, Jon Corzine is thinking about starting a hedge fund. Considering the way his firm went...
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15 Perks Wall Street Banks Use To Lure Their Clients
The days when perks flowed free on Wall Street are over, but that doesn't mean that bankers have stopped taking care of their clients. In fact, big clients are more important than ever, so if anyone...
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The Five Most Terrifying Words On Wall Street
"Do you have a minute?" In a recent discussion Business Insider had with both hedge fund and banking insiders, everyone agreed that these are the most terrifying words on Wall Street nowadays....
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So You Want To Work At A Family Office? An Exec Explains How You Can Start
So you want to be the next Geroge Soros? You want to run your own family office with billions under management and invest with the big boys? Well, shocker — You have to start from the bottom, and you...
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A Money Manager Gives 3 Reasons For Why The Super Rich Are Dumping Big Banks...
Here at Clusterstock, we've spent the whole day reading Richard C. Wilson's 'The Family Office Book.' (Have you seen volume lately? It's August, and there's just not a lot happening on Wall Street.)...
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Former Biden Staffer's New Book Suggests The Justice Department Was Hardly...
A former staffer for Vice President Joe Biden and ex-Senator Ted Kaufman (D-DE) is out with a new book called 'The Payoff: Why Wall Street Always Wins,' about how the D.C. power structure allowed Wall...
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Obama's Banker Buddy Robert Wolf Sets The Record Straight For Why He Left UBS
Last month, Robert Wolf, the chairman of UBS in the Americas, announced that he was leaving the Swiss bank to start his own consulting and advisory firm, 32 Advisors. Page Six reports that some Wall...
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Apparently, People Kept Throwing Around, 'Great Quarter, Guys' On Earnings...
It may seem cliche, but here's another indication as to how American companies are doing — a pat on the back on quarterly earnings calls, if you will. According to the Wall Street Journal, the phrase...
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CHART: The Dwindling Number Of Wall Street Bankers
News hit over the past few weeks that a number of Wall Street heavyweights, including Goldman Sachs and Deutsche Bank, were once again cutting payrolls, while others, like Bank of America Merrill...
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Here's How Wall Street Finds Out Exactly What's Going On In Congress All The...
For obvious reasons, Wall Street is always right on top of any legislation in Congress that has anything to do with the world of finance. And, as you know, it's not like Lloyd Blankfein is glued to...
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Meet 'The Toughest Babe In Business' — The Other Woman Who Was Just Admitted...
Famous golf club Augusta National, which hosts the Masters Tournament, admitted two female members today for the first time in its 80 year history, the Associated Press reported. Former Secretary of...
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