A CNBC reporter since 1990, Bob Pisani has covered Wall Street and the stock market for nearly 20 years. Pisani covered the real estate market for CNBC from 1990-1995, then moved on to cover corporate management issues before becoming Stocks Correspondent in 1997.
In addition to covering the global stock market, he also covers initial public offerings (IPOs), exchange-traded funds (ETFs) and financial market structure for CNBC.
In 2013, he won Third Place in the National Headliner Awards in the Business and Consumer Reporting category for his documentary on the diamond business, "The Diamond Rush."
In 2014, Pisani was honored with a Recognition Award from the Market Technicians Association for "steadfast efforts to integrate technical analysis into financial decision making, journalism and reporting."
Prior to joining CNBC, Pisani co-authored "Investing in Land: How to Be a Successful Developer." He and his father taught a course in real estate development at the Wharton School of Business at the University of Pennsylvania from 1987-1992. Pisani learned the real estate business from his father, Ralph Pisani, a retired real estate developer.
Follow Bob Pisani on Twitter @BobPisani.
Risk management is still no science. Is it not ironic that JP Morgan Chase announced a $2 billion hedging loss in the chief investment office, which is designed to hedge risk for the entire organization. There may be more. They re-hedged synthetic credit exposure (credit default swaps?) designed to hedge its corporate credit risk. Not a successful strategy. It isn't working.
Who's paying what to Greece and when are they paying it? I have received numerous requests to explain the payment schedule of the 172.6 billion euro Greek bailout package. That is $34.4 billion remaining from the first bailout, and $138.2 billion from the second.
Will the Troika make a scheduled 5.2 billion euro payment to Greece tomorrow (Thursday)? There are conflicting reports out about this, though it has already been scheduled to be paid. Eurozone officials have reportedly scheduled a conference call to discuss.
It's time for Europe to say to Greece: you can't have it both ways.
That didn’t take long: New Democracy, the conservative party, has already given up on forming a coalition; they have now passed the torch to Syriza (the Left coalition), which won the second largest number of votes. The chances they will form a coalition is small as well.
The market has had a bid all night. European banks in particular are now in the green. Well, that didn't take long. Yesterday, at about 5 p.m. ET, traders were predicting an ugly down day. Not happening.