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Michael Lewis says he doesn't even 'feel that strongly about high-frequency...
According to Michael Lewis, people got his latest book all wrong.Flash Boys, which explains how high-frequency trading is used to rig U.S. markets, caused an uproar on Wall Street last year among...
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Here's why one entrepreneur quit his job on Wall Street to sell pizza
Mason Wartman was 25 when he quit what he calls "the best job I ever had." It's been two years since he left Wall Street to start his $1-a-slice pizzeria, and he revisited this decision in a recent...
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A top Merrill Lynch adviser and his NFL cheerleader daughter suddenly left...
A top ranked Merrill Lynch financial adviser and his NFL cheerleader daughter suddenly left the firm earlier this month and it's unclear as to why, according to the New York Post. Thomas "Tom" J. Buck,...
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The new Sotheby's CEO has no art world experience— but we hear Dan Loeb is...
Sotheby's tapped Madison Square Garden Company's CEO Tad Smith on Monday to join the art auction house as its next CEO.Smith, 49, is succeeding Bill Ruprecht, who announced his retirement in November...
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The new super tool of journalists and hedge funds just raised $130 million
Dataminr, the big data analysis tool beloved by journalists and hedge funds, has raised $130 million from an array of high-profile investors at a rumoured $700 million valuation, the Wall Street...
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This Wall Street CEO's signature is stunningly illegible
We came across a well-known Wall Street billionaire's signature in his firm's investment letter and couldn't believe how illegible it was. Can you figure it out?Clue: This person's middle initial is...
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Argentina wants to hold Citigroup hostage
This is probably not the best way to attract foreign business to your country.Citigroup has found itself in an incredibly uncomfortable position in the case between Argentina and a group of hedge fund...
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David Einhorn says he hires only 'nice people' — here's what that means
Landing a job at David Einhorn's hedge fund, Greenlight Capital, would be a dream job for many people on Wall Street.Not only is Einhorn well respected for his investment acumen, but he is also a nice...
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Why Wall Street is pouring money into companies that want to eat its lunch
Financial technology startups are getting funding from the very industry they hope to disrupt.Known in short as fintech, these startups are changing the way people pay, lend, and invest, threatening...
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The 11 jobs on Wall Street no one wants in 2015
This year’s hot banking jobs are common knowledge. They are, in no particular order, compliance, compliance, compliance, cyber-security, M&A juniors and – seemingly – real estate investment...
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Ted Cruz's wife is taking an unpaid leave of absence as a managing director...
Goldman Sachs managing director Heidi Cruz, the wife of Sen. Ted Cruz (R-Texas), has taken an unpaid leave of absence from the bank, Bloomberg News' Michael Moore reports. On Monday, Ted Cruz...
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Wall Street just lost a woman to Google who could have been the first female...
Ruth Porat left her post as the chief financial officer of Morgan Stanley to join Google in the same role. Porat was the most powerful woman on Wall Street. She was well positioned to be the first...
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12 NYC restaurants Wall Street should absolutely check out this spring
Spring is almost upon NYC, so, foodies, step aside, Wall Street will be coming out in full force. Prepare for a deluge as the luckiest of them depart Miami and return home to the city that never...
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The working class is all but dead on Wall Street
When the Chicago Mercantile Exchange closes most of its futures trading pits in July, people will doubtless lose their jobs.But it's not the number of jobs that will be lost that's most significant —...
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Angry tenants in Spain have started a campaign against their Wall Street...
Spain currently has an excess of 1.4 million homes. So two years ago, Goldman Sachs and Blackstone Group took some low-income housing units off the hands of struggling local municipalities, including...
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Wall Street wants to withhold campaign donations to Senate Democrats because...
NEW YORK (Reuters) - Big Wall Street banks are so upset with Democratic Senator Elizabeth Warren's call for them to be broken up that some have discussed withholding campaign donations to Senate...
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Goldman's plan to take over Wall Street's commodities business is working
Goldman Sachs is now the number one bank in commodities.It recently overtook JP Morgan for the top spot after that bank sold a chunk of its commodities business to Mercuria Energy Group, a trading...
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These are the banks where Wall Street's most talented traders work
The definition of aptitude on trading desks has changed. As risk-weighted assets are slashed and risk-taking squashed, the most talented traders are no longer the ones who can make the most money....
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Private-equity queen Lynn Tilton faces SEC charges and is accused of 'hiding...
Lynn Tilton, the "diva of distressed" who runs the private-equity firm Patriarch Partners, has been charged with fraud by the Securities and Exchange Commission, the regulator said in an order.The SEC...
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REPORT: Two former Federal agents are being charged with Bitcoin money...
The New York Times is reporting that two former Federal agents, who both worked on the Silk Road case, are going to be charged with Bitcoin money laundering."The former agents are Carl Mark Force IV,...
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