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3 Reasons Why The Wall Street Bailout Was A Failure
Timothy Geithner’s new book about the financial crisis, “Stress Test,” is basically an argument that the Wall Street bailout succeeded.That’s hardly surprising, given that Geithner was in charge of the...
View ArticleThe Unsolved Mystery Of The Deadliest Terror Attack On Wall Street
Please enable Javascript to watch this video NOW WATCH: Here's What Would Happen If An Asteroid Hit New York CityFollow BI Video: On FacebookJoin the conversation about this story »
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The Real Wolf Of Wall Street Says He Plans To Make $100 Million This Year...
The real-life Wolf of Wall Street, Jordan Belfort, now a motivational speaker, said at a conference in Dubai that he expects to make more than $100 million from his speaking tour this year, Bloomberg...
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Bill Ackman, Marc Lasry And A Bunch Of Wall Streeters Played In A Charity...
The tennis community on Wall Street is extremely tight-knit. At 7 a.m. on Saturday mornings, you can probably find Bill Ackman of Pershing Square and other finance folks playing on the Randall's Island...
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Criminal Charges Filed Against Credit Suisse Over Tax Evasion — Bank Expected...
The U.S. has filed a criminal case against Credit Suisse in federal court, Bloomberg News reports. The Swiss bank is expected to plead guilty.The bank has been charged with a conspiracy count in a case...
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The New York Times Says Credit Suisse Begged The Feds For Mercy
Credit Suisse's top lawyer begged for mercy before federal regulators who decided to pursue criminal prosecution and a $2.6 billion fine against the bank — the first against a major bank in 10 years....
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19 Horror Stories About The Killer Exam Wall Streeters Are Cramming For Right...
All three levels of the dreaded Chartered Financial Analyst (CFA) exam will be administered on June 7.That means those test-takers will probably be spending their Memorial Day weekend doing some...
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GEITHNER: The Merrill Lynch CEO Didn't Know The Name Of His Chief Risk...
Former U.S. Secretary of the Treasury Timothy Geithner has a funny anecdote on page 166 of his new book, "Stress Test," about then-Merrill Lynch CEO John Thain. Bloomberg View's Matt Levine pointed it...
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It's T. Boone Pickens' Birthday — Here Are 22 'Boone-isms' On How To Win In...
It's billionaire oil tycoon T. Boone Pickens' birthday today.The 86-year-old certainly has a way with words and a knack for telling it like it is. He's known for engaging with hip-hop stars like Drake...
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MICHAEL LEWIS: If I Were 23 Today, My Career Would Go Totally Differently
Longform recently did a great podcast with financial author Michael Lewis, who just released his new book "Flash Boys."There's a section toward the end of the interview where Lewis talks about how he...
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Meet The Goldman Sachs Analyst Who Spends Every Free Moment Fighting To End...
Goldman Sachs energy-sector specialist Brian Kinsella, a former U.S. Army captain, has made it his mission to combat the military veteran suicide epidemic ever since he left the service.An estimated 18...
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There's No Fear On Wall Street
NEW YORK (Reuters) - Whatever investors are worried about right now, those concerns are not showing up in Wall Street's fear gauge. That scares some. On the other hand, it more than likely means that...
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Jamie Dimon's Memorial Day Outfit Involved A Hawaiian Shirt And Sweat Shorts...
Can we just talk about Jamie Dimon's weekend style for a minute? The JPMorgan Chase CEO was spotted by a spy of ours strolling down Park Avenue on Sunday afternoon wearing athletic shorts, flip-flops...
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Someone Posted A Bunch Of Private Equity 'Trade Secrets' That The Industry...
When the SEC got a bunch of private equity execs in a room earlier this month, Special Inspector Andrew J. Bowden did not have good news. His discussion was basically a warning that the SEC was going...
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Nominate The Most Powerful People In Finance — At (Almost) Every Age!
Call for nominations!Business Insider recently published its inaugural list of The Most Powerful Person At Every Age. Taking into consideration a person's sphere of influence, future power, and...
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We've Been Asking Bankers — 'What's The Saddest Bank On Wall Street Right Now?'
There hasn't been good news on Wall Street from anyone at any bank since 2013, when the S&P soared and the promises of a choppy market in 2014 seemed too far away to be believed.But the promises...
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Here's The JPMorgan Summer Reading List
JPMorgan just released its 15th annual summer reading list. Every year, the firm compiles book suggestions from their advisors all over the world.From more than 500 entries, the bank narrows it down to...
View ArticleA Wall Street CEO Didn't Like The Culture At The Firm He Built — So He...
You build a business on Wall Street, you make it successful, and then you realize you don't like the feel of the firm— so you rebuild your team, right?No. You leave.It sounds bizarre but that's what...
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People Are Starting To Worry That Wall Street Is Taking A Big Post-Crisis...
This is how things can get out of control.Wall Street firms that want to loan money to companies are increasingly allowing those companies to adjust their earnings so that they look credit-worthy...
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The Sports Bettor At The Center Of An Insider-Trading Investigation Has An...
Prominent sports bettor William "Billy" Walters is being investigated in a possible insider-trading scheme involving pro golfer Phil Mickelson and billionaire investor Carl Icahn, according to reports...
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