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  • Who Knew Bankruptcy Paid So Well? Sunday, 2 May 2010 | 8:34 AM ET
    Stack of U.S. hundred-dollar bills

    The lawyers, accountants and restructuring experts overseeing the remains of Lehman Brothers have already racked up more than $730 million in fees and expenses, with no end in sight.

  • Surface Area of Gulf Oil Spill Appears to Have Tripled Saturday, 1 May 2010 | 5:55 PM ET
    A clean-up worker laying booms beside a fragile wetlands near the town of Venice that is in the path of the oil spill that is creeping towards the coast of Louisiana.

    The surface area of a catastrophic Gulf of Mexico oil spill quickly tripled in size amid growing fears among experts that the slick could become vastly more devastating than expected.

  • BP Finds Chemical That Disperses Oil in Deep Water Saturday, 1 May 2010 | 4:33 PM ET
    Weathered oil collects on surface of water after explosion and collapse of the Deepwater Horizon oil rig, Gulf of Mexico off Louisiana.

    Officials from BP have successfully tested a chemical that attaches itself to oil and weighs it down to the ocean floor, where there are natural forces that absorb the oil, CNBC has learned.

  • NYSE Traders

    The question for markets in the week ahead will be whether to ride a wave of better economic and earnings news—or give in to a growing list of worries.

  • NYSE Traders

    News of a criminal inquiry into Goldman Sachs comes just as investors are increasingly focused on the idea that financial regulatory reform may have sharper teeth for the industry than previously expected.

  • Oil Spill Spreads, Threatens Fishing and Shipping Friday, 30 Apr 2010 | 4:37 PM ET
    Tri-State Bird Rescue and Research workers clean Northern Gannet bird covered in oil from Deepwater Horizon oil rig incident.

    Oil analysts and environmental experts say the economic impact of the Gulf coast oil spill could grow dramatically, as the leak continues and the slick spreads.

  • Anger, Taxes and Wall Street Friday, 30 Apr 2010 | 1:12 PM ET

    Efforts to close the tax-rate loophole that private equity and hedge funds pay on profits seems to be heating up. Are lawmakers taking a second look?

  • Voiding Derivative Pacts Would Be 'Disaster': Sokol Friday, 30 Apr 2010 | 11:36 AM ET

    David Sokol, a key Warren Buffet lieutenant, told CNBC that it would be a “disaster” if Congress enacted retroactive legislation that voided contracts dealing with derivatives.

  • Morici: This Recovery is Anti-Middle Class Friday, 30 Apr 2010 | 11:18 AM ET

    Real GDP increased about $162 billion since the second quarter of 2009, when the economy bottomed out. Wall Street for 2009 paid out bonuses of nearly $150 billion on profits twice that amount. The rest of the economy, on balance, went backwards.

  • More Investors Buying Stocks: Ameritrade's Moglia Friday, 30 Apr 2010 | 10:55 AM ET

    TD Ameritrade chairman Joe Moglia told CNBC Friday that his clients—individual investors—are regaining confidence in the stock market and increasing their equity holdings.

  • How to Get Banks to "Rightsize" Themselves Friday, 30 Apr 2010 | 9:39 AM ET

    Assuming that regulators decide that banks are indeed too large, how might a reduction in size be accomplished, writes William Dunkelberg, Economics Professor at Temple University.

  • Protesters Enter NYC Bank Buildings Before Rally Thursday, 29 Apr 2010 | 4:55 PM ET
    Wall Street Protests

    Noisy protesters with signs took over two bank building lobbies on Thursday in a prelude to a Wall Street rally by workers and union leaders angry over lost jobs, the taxpayer-funded bailout of financial institutions and questionable lending practices by big banks.

  • Birds of a Feather: New Doves for the Fed? Thursday, 29 Apr 2010 | 2:45 PM ET
    Federal Reserve

    Heard the one about the two economists and a lawyer? But, maybe the more apt question is, heard the one about three doves, or about two doves and a sometimes hawk?

  • Busch: Financial Regulatory Reform—The Dam Breaks! Thursday, 29 Apr 2010 | 1:39 PM ET

    After three entire days, the Republicans finally relented Wednesday after reducing bailout language in the current Dodd bill, but the debate and amendment process is just beginning.

  • Tony Fratto: You Say You Want A Resolution? Thursday, 29 Apr 2010 | 12:34 PM ET

    Every now and then an idea takes hold that is, conceptually, so elegant and alluring as to be nearly irresistible. Resolution authority – like the call of the Sirens – has enchanted every US official who was in a decision-making capacity during the financial crisis.

  • Workers to Rally on Wall Street Against Big Banks Thursday, 29 Apr 2010 | 12:02 PM ET
    Outside the New York Stock Exchange in lower Manhattan.

    Workers and union leaders angry over lost jobs, the taxpayer-funded bailout of financial institutions and questionable lending practices by big banks are planning to rally on Wall Street.

  • In Shanghai, Bootleg Goods Move to Secret Rooms Thursday, 29 Apr 2010 | 12:15 AM ET

    With Shanghai preparing for the World Expo, stores have moved bootleg DVDs and CDs to back rooms as China hides a trade that is usually out in the open, the New York Times reports.

  • Real Bookies Bet on Goldman Sachs Wednesday, 28 Apr 2010 | 3:19 PM ET
    Daniel Sparks, former partner and head of the Mortgages Department at the Goldman Sachs Group, Joshua Birnbaum, former managing director of the structured products group trading for The Goldman Sachs Group, Michael Swenson, managing director of structured products group trading for The Goldman Sachs Group and Fabrice Tourre, executive director of the structured products group trading for The Goldman Sachs Group are sworn in while testifying before the Senate Homeland Security and Governmental Af

    Sen. Claire McCaskill called Goldman Sachs "the bookie" in selling synthetic CDOs. Now, real bookies are putting odds on what happens next to the Wall Street giant.  

  • What is a Market Maker? Wednesday, 28 Apr 2010 | 11:43 AM ET

    The job of a market maker is to determine a price at which the trader is willing to buy a particular product AND a price at which that same trader will sell that same product at the same moment in time. Yes – a market maker will give you a price to buy, or sell – and they are generally indifferent to what you do, they just want you to do business.

  • Wall Street's 'Spectacle of Scapegoats' Wednesday, 28 Apr 2010 | 11:26 AM ET

    Unless Wall Street gets back to the business of business—creating value—both Wall Street in general and the public at large are in for a continuous spectacle of scapegoats and politicians.