23 Ways Your Wall Street Job Will Make You Miserable
If you're considering going to Wall Street, you should really know what you're getting into.Yes, you will get paid better than average people all over the world. Yes, you will get to learn new things...
View ArticleANGELO MOZILO: 'No, No, No, We Didn't Do Anything Wrong'
Former Countrywide CEO Angelo Mozilo spoke to Bloomberg's Max Abelson on the phone for 30 minutes, and he doesn't sound sorry for his role in the financial crisis.Actually, the 75-year-old former Wall...
View ArticleAn Internal Investigation At Credit Suisse Has Raised Allegations That...
An internal investigation at Credit Suisse into trader misconduct has unearthed allegations of traders watching porn in the office, the Wall Street Journal reports. From the WSJ [via...
View Article32 Wonderful Yearbook Photos Of Wall Street's Biggest Players
School is back in session. Before they were masters of the universe, the biggest names on Wall Street were once just regular high school kids, too. They were members of sports and academic teams....
View ArticleBiden Wore What Seems To Be A Shirt From One Of Wall Street's Favorite Golf...
Vice President Joe Biden sported a super fancy Hamptons golf club shirt while talking to workers in Detroit, Michigan about fair wage on Labor Day.Biden's blue polo shirt had what appears to be The...
View ArticleHow Michael Bloomberg Went From Bond Trader To Billionaire Media Mogul
Michael Bloomberg started his New York City story sweating in his underwear in Salomon Brothers' vaults.And in a little over 20 years, he turned a $10 million severance package from that now defunct...
View ArticleRogue Trader Jerome Kerviel Is Getting Out Of Jail After Only 5 Months
SocGen's "rogue trader" Jerome Kerviel is being released from jail early after serving only five months, Bloomberg News reports. He will get out on September 8th and he'll have to wear an electronic...
View ArticleMarried Banker Pays $81K To Kiss Actress Elizabeth Hurley
Twenty-seven year-old married banker Julian Bharti shelled out $81,000 to plant a kiss on model/actress Elizabeth Hurley, PageSix reports.It was for a good cause.Bharti made the sizeable donation to...
View ArticleWall Street CEO Gives His Senior Bankers 5 Steps To Making Life Better For...
Jefferies CEO Rich Handler sent an open letter to his firm's senior-level bankers providing them with five ways to help make life better for the young analysts and associates, Dealbook reports.In the...
View ArticleA Powerful Wall Street Force Is Basically Sitting Out All This Year's Deals
Shortly after the worst of the financial crisis was behind us, market participants started looking forward to the resurgence of mergers and acquisitions activity like kids waiting for Christmas Day.Now...
View ArticleAn Enemy Far More Threatening Than Elizabeth Warren Could Soon Have Major...
When people talk about politicians that aren't friendly to Wall Street, they always bring up Senator Elizabeth Warren (D-MA).They rarely remember a man who's quietly proposed more bipartisan Wall...
View ArticleWall Street's Big Brazil Trade Is A Total Farce
For the past few months, Wall Street's tidy narrative about Brazil has gone like this: It's in bad shape now because of bad governance by President Dilma Rousseff's administration, but not to worry. An...
View ArticlePrivate Equity Exec Mark Patterson Gets Super Candid About His Best and Worst...
After 40 years on Wall Street you rack up some wins and some losses. In an interview with Skiddy von Stade, CEO of finance career site OneWire, Mark Patterson — co-founder of distressed debt private...
View ArticleWall Street Firms Have High Hopes For Apple Pay
The Wall Street banks partnering with Apple Inc. on its new mobile payment system, including JPMorgan Chase & Co. and Bank of America Corp, are betting the deal will lower fraud costs and expand...
View ArticleCNBC Was Ready To Ask A Star Contributor To Go Back To The Network After...
After blacklisting SkyBridge Capital CEO Anthony Scaramucci from its airwaves and refusing to renew his exclusive contributor deal, sources say CNBC was ready to ask "The Mooch" (as he is often called)...
View ArticleThe Real 'Wolf Of Wall Street' Was At The 92nd Street Y Last Night, And It...
Hundreds of people (mostly men) packed the house at the 92nd Street Y in Manhattan's Upper East Side to see the real-life "Wolf of Wall Street," Jordan Belfort. Belfort is the author of a best-selling...
View ArticleOne Of The Most Important Investors In The World Is Entirely Done With Hedge...
Calpers — the California Public Employees’ Retirement System — has announced that it will completely divest itself from hedge funds, taking $4 billion out of the game, says Bloomberg. Interim Chief...
View ArticleA Deadly Wall Street Bombing Still Remains Unsolved 94 Years Later
It's one of the deadliest terrorist attacks in American history, but not many people know about it. On September 16, 1920, a horse-driven carriage loaded with dynamite exploded in the heart of the...
View ArticleA Wall Street Exec Explains What Instantly Turns Him Off When He Sees A Resume
Mark Patterson, cofounder of the private equity firm MatlinPatterson, has seen a lot of resumes in his day. In a recent interview with OneWire CEO Skiddy von Stade, Patterson shared one big red flag...
View ArticleThe 29 Best Bottles Of Scotch In The World
Scotland votes on its independence today, and regardless of where you stand, when all is said and done you may want to raise a glass.If that's the case, your drink has to be scotch whisky — the native...
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