The barrow boys

Dec 11, 2023
When markets favored street smarts over fancy degrees.
Costermongers or street sellers, also known as "barrow boys," were often recruited to work as financial traders in London.
London School of Economics Library via Wikimedia Commons

The IPO industrial complex is starting to get worried

Oct 2, 2019
In the wake of big-name flops, companies are canceling and putting off their own IPOs. That has real consequences for the industries that rely on companies going public.
WeWork is one of the companies having a tough time trying to go public. Above, a WeWork office facility in New York City.
Drew Angerer/Getty Images

Investment bankers don't approve of casual Fridays

Oct 2, 2013
Barclays gets super-casual Fridays -- sneakers and jeans allowed -- but old-time bankers aren't impressed.

Wall Street asks: 'What shutdown?'

Oct 1, 2013
Investors seem to be tuning out the political impasse in Washington, at least so far.

Fabrice Tourre is fabulous, but why is he so lonely?

Jul 15, 2013
Fabrice Tourre, who dubbed himself “Fabulous Fab” back when he was a Goldman Sachs trader, went on trial Monday for alleged fraud during the financial crisis.
Fabrice Tourre, a former Goldman Sachs mortgage trader, arrives at Federal Court for a lawsuit being brought against him by the Security and Exchange Commission (SEC), on July 15, 2013 in New York City. The SEC alleges Tourre misled investors by betting against the housing market, in the midst of the 2008 recession.
Andrew Burton/Getty Images