Jacob Frenkel, former enforcement lawyer at the SEC, discusses whether the Rajaratnam guilty verdict will mean similar prosecutions down the line, and if it will change behavior on Wall Street.
The U.S. government and AIG announced a plan to send the firm back towards private ownership. Richard DeKaser, economist with the Parthenon Group, explains.
Wall Street did normalize after the Dow dropped a harrowing 600 points in just a few minutes last year, but some investors say not enough is being done to prevent another Flash Crash.
Reviewing the week on Wall Street. This week: the latest unemployment report, the drop in commodities and the market's reaction to Osama bin Laden's death.
U.S. Senate Republicans told President Obama they will block any nominee to lead the new Consumer Financial Protection Bureau unless Democrats agree to structure and funding changes within the agency.