A lot of stock traders might have a drink or hit the gym when they lose money. Tom Moran paints. And his trades are his inspiration. Amy Scott visited his studio for this report.
Credit was the big story on Wall Street this year. With 2008 just a few days away, our Senior Business Correspondent Bob Moon takes a look back with host Amy Scott at the crunch that still has a tight grip on deal-making.
It's been a bad year for bear-market mutual funds. Steve Tripoli reports besides trailing all other mutual funds, future prospects are also looking grim, and economic optimists should be warned.
Lack of oversight and regulation paved the way for the subprime lending collapse and the nation's current credit crunch. Steve Tripoli has been covering the story and says the root problem was people forget about risk. He explains with host Amy Scott.
Plenty of executives and their companies were exposed for questionable behavior this year. Michelle Leder, editor of Footnoted.org, dug up many of these indiscretions from the fine print of SEC filings. She talks with host Amy Scott.
Many private-equity stories on Wall Street had disappointing endings this year. Amy Scott recaps some of the deals with Doug Krizner, and looks into why many investors started turning away from risky debt.
More than 100 million Chinese invest in the stock market, four times the number there were last year. And, as Scott Tong found out, some of them are closer to home than he expected.
Merrill Lynch, which lost more than $2 billion last quarter on bad subprime mortgage investments, got some help today from Singapore's Temasek Holdings, Davis Partners, and GE Capital. Jill Barshay reports.
The number of companies throwing bashes this holiday season has declined almost 10 percent from last year, according to one report. Chalk it up to general worries about the economy. Amy Scott takes a look at one industry in particular that is feeling the pinch.
