Easy Street is Marketplace’s daily roundup of the most interesting news stories and commentary about Wall Street, Washington and the curious world of finance.
Fedpalooza
A Bernanke press conference primer for the uninitiated: Be cool, be cool.
Banking
“Reputation is dead on Wall Street“: Steven Davidoff explores the death of a culture.
How to get ahead at Goldman Sachs: order fast.
Investing
Tech bubble: You keep using that word. T. Rowe Price does not think it means what you think it means.
Bernie Madoff: “Oh yeah. That happened.”
Is copper the new gold?: Is silver the new gold? Is platinum the new gold? Precious metals fight it out for respect.
China: The most attractive investment in the world, according to private equity veteran David Rubenstein of The Carlyle Group.
Related: 3M is moving most of its capital spending outside the United States; China, India and other emerging markets account for 34% of the company’s revenue.
Stock Markets
IPOoooohs: Don’t let anyone tell you the IPO market is dead. More companies have filed for IPOs this month than any time since 2007.
Related: Yelp has its sights set on an IPO.
Microsoft: Goldman Sachs hasn’t had an analyst covering Microsoft for months. And…no one noticed.
The Washington Matrix
Oil companies: John Boehner wants to give them tax breaks.
Related: The White House wonders why oil companies need tax breaks if they have….profits. So they can have bigger profits?
Recreational Reading
Qaddafi’s money man….has no money.
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