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  • Goldman Sachs Hearing on Capitol Hill

    Goldman Sachs executives tried to fend off accusations they inflated the housing bubble, sold clients "sh**ty" deals and made billions off the market's collapse, in a high stakes Senate hearing.

  • Senators Tackle Facebook Privacy Settings Tuesday, 27 Apr 2010 | 1:58 PM ET

    Today four democratic senators — Charles Schumer, Michael Bennet, Mark Begich, and Al Franken — wrote a letter to Facebook CEO Mark Zuckerberg asking him to review the company's policies. They say they "look forward to the FTC examining the issue," and they're asking the FTC to get involved.

  • Senate Banking, Housing and Urban Affairs Committee Chairman Christopher J. Dodd (D-CT) and ranking member Sen. Richard C. Shelby (R-AL)

    Democrats and Republicans keep talking about finding a bipartisan compromise but they'll have to agree enough to simply get the legislation on the Senate floor for debate.

  • How Many Times Did Sen. Levin Say 'Sh**ty Deal'? Tuesday, 27 Apr 2010 | 12:53 PM ET

    Watching the Goldman Sachs hearing, one Senator recited the phrase "sh**ty deal" so many times, you had to wonder — s it taking place in the Senate or South Park?!

  • China Seeks to Step Up Communication Monitoring Tuesday, 27 Apr 2010 | 11:40 AM ET

    China is on the verge of requiring telecommunications and Internet companies to detect, stop and report leaks of state secrets by their customers, the latest in a string of moves designed to strengthen the government’s control over private communications. The NYT reports.

  • Farrell: Greece—A New Moral Hazard? Tuesday, 27 Apr 2010 | 9:41 AM ET
    The Parthenon in Greece

    The bailout of Greece has stirred ferocious debate and fallout in Germany, which has an election shortly.

  • Interesting Elements to the Goldman Story Monday, 26 Apr 2010 | 5:01 PM ET

    As I’ve told readers of my Wall Street newsletter, Wall Street and Washington are as connected as strongly as I’ve ever seen them in my 20 years covering financial news, due in large measure to the cries for financial reform in the wake of the recent crisis.

  • Legalize Street Drugs: Mexico's Salinas Monday, 26 Apr 2010 | 3:25 PM ET
    Ricardo Salinas

    Ricardo Salinas, the second richest man in Mexico, told CNBC Monday that the sale of illicit drugs should be legalized.

  • Wal-Mart Gender Bias Suit Gets Go Ahead From Court Monday, 26 Apr 2010 | 2:38 PM ET
    Walmart Cashier

    A sharply divided federal appeals court on Monday exposed Wal-Mart to billions of dollars in legal damages when it ruled a massive class action lawsuit alleging gender discrimination over pay for female workers can go to trial.

  • Government Regulation

    While the focus in Washington this week is on the forensics of Goldman Sachs’ actions during the financial crisis, and the outlook for domestic financial regulatory reform legislation, scant attention has been paid to the need for reforms to bring greater safety and stability to the global financial system.

  • Court to Decide if State Can Regulate Video Games Monday, 26 Apr 2010 | 11:39 AM ET
    Gavel

    The Supreme Court agreed Monday to decide whether California can ban the sale or rental of violent video games to children.

  • Obama is a Bully: Kneale Monday, 26 Apr 2010 | 8:52 AM ET
    President Barack Obama

    Bad enough that he bashes Wall Street, but this President has gone farther than any in modern history in putting the wrong kind of “bully” back into the pulpit.

  • Financial Reform Vote Looms; Corker Raises Doubts Sunday, 25 Apr 2010 | 10:47 AM ET
    Government Regulation

    A Senate Republican has called for the "strongest" derivatives rules, signaling that Democrats may get the votes needed to start debating their sweeping financial regulation bill Monday.

  • Bank Defaults Are Starting to Slow: FDIC's Bair Friday, 23 Apr 2010 | 3:04 PM ET

    Bank defaults have begun to slow and will probably peak toward the end of this year, FDIC chairman Sheila Bair told CNBC Friday.

  • Obama's Cowardly New World: Kneale Friday, 23 Apr 2010 | 1:06 PM ET
    Government Regulation

    As the Obama Posse rides headlong into financial reform, hellbent on putting new restraints on Wall Street, we are about to enter a cowardly new world.

  • More Wall Street Fraud Cases Likely: Chanos Thursday, 22 Apr 2010 | 2:58 PM ET
    James S. Chanos

    A seasoned hedge fund manager told CNBC Thursday that he expects to see more actions like those of the securities-fraud charges against Goldman Sachs.

  • Main Investor in Goldman Deal May Have Caused Losses Thursday, 22 Apr 2010 | 11:04 AM ET
    Goldman Sachs

    ACA, the main investor in a failed mortgage-securities deal that prompted fraud charges against Goldman Sachs, appears to have caused some of the $1 billion loss itself, CNBC has learned.

  • The government’s case against Goldman Sachs is about to get its first public airing, in what could be a gripping preview of the legal battle to come. The New York Times explains.

  • 'Stockholm Syndrome' Blamed for Regulatory Woes Thursday, 22 Apr 2010 | 8:57 AM ET

    “Stockholm syndrome” – in which captives become sympathetic to their captors – is to blame for the “extremely limited” efforts at improved regulation seen since the financial crisis, the FT reports.

  • Obama 'Categorically' Denies Influence in Goldman Case Wednesday, 21 Apr 2010 | 6:33 PM ET
    President Barack Obama

    President Barack Obama told CNBC Wednesday that there was no connection between the White House’s push for financial reform on Wall Street and the civil fraud charges filed against Goldman Sachs spacer on Friday.