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The show that created a rift between CNBC and a top hedge funder premiered —...
The reboot of "Wall Street Week"— a weekly show that ran on PBS from 1970 to 2005 — premiered Sunday on Fox affiliate stations in major cities across the country, and given the circumstances...
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Wall Street has strong feelings about Jon Corzine trying to make a comeback
Former New Jersey Gov. Jon Corzine is thinking about starting his own hedge fund, according to The Wall Street Journal, and because of the way his previous firm imploded, Wall Street has strong...
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Carson Block sounds like he's having a great day since the co-CEO of one of...
Influential short-seller Carson Block, the founder of Muddy Waters Research, seems pleased this morning. That's because NQ Mobile's co-CEO, Omar Khan, just stepped down from his role at the Chinese...
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A trader faces charges in connection with the 2010 'Flash Crash'
Commodities trader Navinder Singh Sarao has been arrested at his home in London in connection with the 2010 "Flash Crash" that rocked global markets.On May 6, 2010, the market mysteriously plunged 9%....
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The trader allegedly connected to the 2010 'Flash Crash' supposedly bragged...
Navinder Singh Sarao, the UK-based futures trader charged in connection with the 2010 "Flash Crash," bragged that he called the Chicago Mercantile Exchange and told them to kiss his "a--,"according the...
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Argentina is gloating in front of its hedge fund enemies
The Argentine government on Tuesday held a bond offering — something it really hasn't had an opportunity to do much since its 2001 default. The Republic sold $1.4 billion worth of bonds.So economy...
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TRADERS: The 'Flash Crash' arrest is a joke
Traders we spoke with think the arrest of a 36-year-old UK-based trader for his alleged involvement in the 2010 "Flash Crash" is a total joke.On Tuesday, futures trader Navinder Singh Sarao was...
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A former colleague of the arrested 'Flash Crash' trader said he 'had balls'...
Just last month, a former colleague of the arrested UK-based trader described him as "a legend" someone who "had balls" during the financial crisis, Bloomberg News pointed out. On Tuesday, 36-year-old...
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How Wall Street came out for gay marriage
WASHINGTON (Reuters) - On March 6, the day of the U.S. Supreme Court's deadline for legal briefs backing same-sex marriage, gay rights activists quietly celebrated a victory on Wall Street.Twenty-eight...
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The arrested 'Flash Crash' trader claimed he was 'insomniac' who could make...
It's been nearly five years since the "Flash Crash" and regulators are now blaming it on an little-known 36-year-old who traded futures from his parents' house in a London suburb.Navinder "Nav" Sarao,...
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Wall Street's tribes are divided on what will happen to Brazil's massive...
Two of Wall Street's many tribes — the analysts and the traders — are diverging on what will happen to Petrobras, the massive scandal-ridden oil company owned mostly by the Brazilian government.Traders...
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Wall Street is scared of its own size
LONDON (Reuters) - Deutsche Bank's expected move to sell much of its retail banking business will see it join a growing list of banks choosing to shrink and simplify to survive.The benefits of size and...
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MICHAEL LEWIS: The 'Flash Crash' trader's arrest is a 'parody' of Wall Street
Michael Lewis has a lot of questions about the 2010 "Flash Crash" and the arrest of Navinder Singh Sarao in connection with it.Like, why did it take so long?But there's one thing the "Flash Boys"...
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This is what happens to your stock when someone sends a fake email saying the...
Here's something you don't see everyday. On Friday, shares of Italy's second-largest bank Intesa Sanpaolo spiked lower abruptly after an email was sent around that said the company's CEO was stepping...
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The Wall Street regulators won
Deutsche Bank joins HSBC, Citigroup, UBS, Morgan Stanley, and other big banks that have all made major moves to slim down and run leaner, simpler operations.In other words, the Wall Street regulators...
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CREDIT SUISSE CEO: We got too big
ZURICH (Reuters) - Credit Suisse's <csgn.vx> outgoing chief executive said an ambitious expansion drive following the global financial crisis ranked among his mistakes as CEO, as he addressed...
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Wall Street can't stop talking about the 'ridiculous' arrest of the 'Flash...
Everyone on Wall Street has been talking about this week's arrest of a little-known UK-based trader on allegations that he caused the May 6, 2010 "Flash Crash." That's because the consensus view on the...
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Wall Street insiders are meeting Deutsche Bank's restructuring plan with one...
On Monday Deutsche Bank released its plan to shrink itself down to a manageable, profitable size, and from Wall Street's perspective, it's a long time in coming.Deutsche Bank announced plans to reduce...
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What happened when an activist hedge funder asked Larry Fink about his...
Earlier this month, BlackRock CEO Larry Fink wrote a letter to the heads of every S&P 500 company that some people took as a dig at shareholder activists.Fink cautioned against dividend payments...
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China ‘captured’ its first 'economic fugitive' — and he comes from Wall Street
China "captured" the first person on its list of most wanted economic fugitives on Saturday, state media reported. That means with one down, there's just 99 to go.Officials nabbed Dai Xuemin, the...
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