Wall Street

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Wall Street turning cold shoulder to Obama

Apr 24, 2012
In 2008, bankers and traders were among Obama's big donors. This year, many are now embracing Romney.
Posted In: Barack Obama, Mitt Romney, 2012 election, Wall Street

Is it time to break up the banks?

Apr 4, 2012
Commentator Robert Reich says the continued specter of 'too big to fail' compels nothing less.
Posted In: Banks, too big to fail, Wall Street, Dodd-Frank law, bank reform

Business morality good for public morality

Mar 21, 2012
Commentator Robert Reich says ethics in the boardroom can help save the economy.
Posted In: Wall Street, morality, business, ethics

The Goldman op-ed and unsustainable capitalism

Mar 16, 2012
New York bureau chief Heidi Moore discusses former Goldman Sachs executive Greg Smith’s op-ed bomb.
Posted In: Goldman Sachs, Investing, Wall Street, Greg Smith, capitalism

The Goldman op-ed: Is what Greg Smith said true?

Mar 14, 2012
A former executive at Goldman Sachs resigned with a scathing editorial blasting the bank, which he calls "toxic." We dissect his op-ed and discuss what everyday Americans should think of Wall Street now.
Posted In: Wall Street, Goldman Sachs, Goldman, Greg Smith

Banks pass stress tests, Goldman fails an employee review

Mar 14, 2012
Big U.S. banks passed a round of stress tests conducted by the Fed. Meanwhile, one former Goldman Sachs employee is speaking out on the corporate culture there, which he claims leaves much to be desired.
Posted In: stress tests, Goldman Sachs, Wall Street

Explaining insider trading

Mar 8, 2012
Lawmakers are considering yet another bill to ban insider trading. But the term "insider trading" seems open to interpretation. Senior Producer Paddy Hirsch helps us understand what it is and why it's a big deal.
Posted In: insider trading, Wall Street, traders

Wall Streeter enraged at $300 cab fare, forgets how Wall Street works

Mar 2, 2012
A high-level Morgan Stanley investment banker was charged with a hate crime in Connecticut after a dispute over a $300 cab fare.
Posted In: taxi, New York City, Morgan Stanley, Wall Street

Ordinary investors may be missing out on Dow's run-up

Feb 29, 2012
The Dow closed at 13,005 -- its highest finish since 2008. It's a milestone you might guess would make investors happy, but not everyone has made big money.
Posted In: Wall Street, Investing, Dow

SEC mulls fees for high-speed traders

Feb 23, 2012
High-speed computers dominate stock trading. But they cancel so many transactions that the SEC wants to fine them for “speeding.”
Posted In: Wall Street, high-frequency trading

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