Mar 8th, 2010 · Any day now, bipartisan negotiators in the Senate are supposed to unveil a bill that will rewrite the rules governing Wall Street. And when that happens, a lot of the credit for keeping the talks alive will go to Bob Corker, the junior senator from Tennessee. While he's not the top Republican on the Banking Committee, this is not his first go-round when it comes to bipartisan compromise.
Mar 1st, 2010 · Health care may dominate congressional news, but lawmakers have not forgotten about drafting new rules for Wall Street. Democrats and Republicans on the Senate Banking Committee are working on a plan, with the hope of unveiling it this week.
Mar 1st, 2010 · Health care may dominate congressional news, but lawmakers have not forgotten about drafting new rules for Wall Street. Democrats and Republicans on the Senate Banking Committee are working on a plan, with the hope of unveiling it this week.
Feb 5th, 2010 · Jamie Dimon, CEO of JPMorgan Chase, is one of the biggest of the big dogs on Wall Street. So a lot of people were waiting to see what his "number" would be, his 2009 bonus. The wait is over; he will get a bonus valued at around $17 million according to company filing with the SEC. But instead of it being all or partly in cash, it will be in stock and options.
Feb 5th, 2010 · Stocks in Asia and Europe tumbled today over investor concerns about a weak U.S. job market and a debt crisis in Greece that could spread to other countries. Today's slide comes on the heels of Wall Street's worst day in seven months, following news of an uptick in unemployment claims.
Feb 4th, 2010 · New York state filed civil charges against Bank of America and former CEO Ken Lewis, alleging the bank misled investors about Merrill Lynch before it bought the Wall Street bank in early 2009. A spokesman for the bank said the charges lacked merit.
Feb 1st, 2010 · In 1967, mathematician Ed Thorp revolutionized Wall Street with a method of using math and computers to predict the future of the stock market — and his hedge fund has been profitable ever since. Thorp's story, and those of many other market-driven math whizzes, is told in Scott Patterson's new book The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It.
Jan 25th, 2010 · Glenn Close's critically acclaimed legal drama launches its third season tonight, with a plotline about a Bernie Madoff-style Wall Street swindler. David Bianculli says that show — and a handful of other returning series — should warm up any TV-watcher's winter.