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  • Is Congress Using 'Wrongulator' for Debt Figures? Friday, 29 Jul 2011 | 5:33 PM ET
    U.S. Senate Majority Leader Sen. Harry Reid and Speaker of the House Rep. John Boehner.

    The reason congressional leaders and the President can't agree on how much we need to cut, how much we need to raise, and how much we need to borrow, I believe, is because they're all using The Wrongulator.

  • Fund Manager Gundlach Trial Begins Monday, 25 Jul 2011 | 1:38 PM ET
    Jeffrey Gundlach

    DoubleLine Capital CEO Jeffrey Gundlach has made a lot of money calculating where the bond market will go. But his former employer goes to court today to try to prove Gundlach miscalculated when he prepared to start DoubleLine while still employed at TCW.

  • That Wall Street Prostitution Ring Is Still Going Thursday, 21 Jul 2011 | 3:38 PM ET

    Following Wednesday's indictments of 17 people accused of running a $7 million prostitution ring, all of the websites allegedly operated by the accused are still up—and at least one of them is still "servicing" callers.

  • Sex Toy Sales Surge Thursday, 21 Jul 2011 | 10:52 AM ET

    Sex sells, duh. And, apparently, during an economic recession, sex-related sales—from Trojan condoms to wine and chocolate—have been particularly hot.

  • The indictments of 17 people on charges of running a high-end prostitution ring no doubt has some on Wall Street worried.

  • Strauss-Kahn Daughter Questioned in French Probe Tuesday, 19 Jul 2011 | 10:11 AM ET
    IMF Managing Director Dominique Strauss-Kahn

    French investigators have questioned one of Dominique Strauss-Kahn's daughters, one of his ex-wives and may question a Socialist presidential hopeful about claims the former International Monetary Fund chief tried to rape a writer.

  • Hotel Stands by Its Maid in Strauss-Kahn Scandal Thursday, 14 Jul 2011 | 5:21 AM ET
    Former International Monetary Fund leader Dominique Strauss-Kahn enters New York State Supreme Court for a hearing on July 1, 2011 in New York City.

    The hotel maid who accused former International Monetary Fund chief Dominique Strauss-Kahn of sexual assault remains on the payroll of New York's Sofitel Hotel, CNBC has learned from a source close to the investigation.

  • 'Carmageddon' Descends Upon Los Angeles Wednesday, 13 Jul 2011 | 2:18 PM ET

    If you live in Los Angeles, you know that this weekend the 405 freeway will be completely shut down—completely—between the 10 and the 101 freeways. They're calling it "Carmageddon," and it is the end of the world as we know it. This is a town where freeways are more important than world peace.

  • Job Search Pro Tip: Porn Sites Need CFOs Too Tuesday, 12 Jul 2011 | 1:51 PM ET
    On-set with Digital Playground Adult Entertainment

    Layoff season has begun and it’s no secret that there’s more coming. And with the shrinking of the financial industry generally, some of you are probably going to have to think about transitioning to a new industry.

  • Allegations Link US Companies to Brazilian Sex Tourism Saturday, 9 Jul 2011 | 9:56 AM ET

    The Justice Department has been conducting a criminal investigation of sports fishing expeditions in the Amazon that may have been used as covers for Americans to have sex with underage girls, the New York Times reports.

  • Top Ad Campaigns of the 20th Century Thursday, 7 Jul 2011 | 4:28 PM ET
    As the old adage goes, you can lead a horse to water, but you can't make him drink. Nothing could be truer when it comes to advertising. Great ads can yield dramatic results, but if the product quality isn't there, well, that horse won't be pulling out the platinum card anytime soon. Still, great ad campaigns can be revolutionary. They can change the way people live their daily lives — for better or for worse. By its own admission, AdAge refers to its selection of the top advertising campaigns o

    Great ad campaigns can be revolutionary. They can change the way people live their daily lives—for better or for worse. Here we celebrate the Top 10 advertising campaigns of the 20th century.

  • DSK 'Seducer' Not Rapist: Biographer Wednesday, 6 Jul 2011 | 7:09 AM ET
    Dominique Strauss-Kahn with his wife Anne Sinclair at New York State Supreme court.

    The official biographer of Dominique Strauss-Kahn believes he is a "French lover" rather than a rapist.

  • Strauss-Kahn Accuser’s Call Alarmed Prosecutors Saturday, 2 Jul 2011 | 10:28 AM ET
    ZURICH, SWITZERLAND - MAY 10: International Monetary Fund Managing Director Dominique Strauss-Kahn leaves the Second Annual Conference of International Monetary Fund held at the Baur au Lac Hotel on May 10, 2011 in Zurich, Switzerland. The conference hosted by the Swiss National Bank (SNB) and the International Monetary Fund (IMF), brought together central bank governors and senior policymakers, to debat about the reform of the international monetary system with topics such as global liquidity p

    Little by little, the woman's credibility as a witness crumbled — she had lied about her immigration, about being gang raped in Guinea, about her experiences in her homeland and about her finances, officials told the NY Times.

  • Can DSK Become a Comeback Kid? Friday, 1 Jul 2011 | 12:07 PM ET
    Former International Monetary Fund leader Dominique Strauss-Kahn enters New York State Supreme Court for a hearing on July 1, 2011 in New York City.

    Warren Buffett famously said: "It takes 20 years to build a reputation and five minutes to ruin it."

  • Strauss-Kahn Case Seen in Jeopardy Friday, 1 Jul 2011 | 9:59 AM ET
    ZURICH, SWITZERLAND - MAY 10: International Monetary Fund Managing Director Dominique Strauss-Kahn leaves the Second Annual Conference of International Monetary Fund held at the Baur au Lac Hotel on May 10, 2011 in Zurich, Switzerland. The conference hosted by the Swiss National Bank (SNB) and the International Monetary Fund (IMF), brought together central bank governors and senior policymakers, to debat about the reform of the international monetary system with topics such as global liquidity p

    The sexual assault case against Dominique Strauss-Kahn is on the verge of collapse as investigators have uncovered major holes in the credibility of the housekeeper who charged that he attacked her in his Manhattan hotel suite in May, according to two well-placed law enforcement officials. The NYT reports.

  • The Best Books for Summer 2011 Friday, 1 Jul 2011 | 9:54 AM ET
    Whether you’re heading to the beach, the mountains or to far-away lands, summer is a great time to kick back and relax. And there’s nothing better than relaxing with a good book. With that in mind, we’ve put together a list of what we think are this summer’s best reads. From a rock and roll star’s tell all, to loving the rat race, to rage in the Middle East, it’s an eclectic group selected to inspire, teach and amuse. So, click ahead and get reading!

    There’s nothing better than relaxing with a good book. With that in mind, we’ve put together a list of what we think are this summer’s best reads. Check out the list!

  • ‘The Erotic Engine’ — How Porn Changes Everything Tuesday, 21 Jun 2011 | 11:51 AM ET
    The Erotic Engine

    "Mainstream companies, of course, are often too risk-averse to emulate the porn industry’s embrace of new media. But even if you’re not ready to make the leap, it is worth paying attention to the porn industry – the latest tech trends in porn are a strong predictor of the next big thing for mainstream," writes the author.

  • Weiner Tells Friends He Will Step Down Thursday, 16 Jun 2011 | 9:52 AM ET
    U.S. Rep. Anthony Weiner (D-NY) speaks to the media regarding a lewd photo tweet May 31, 2011 on Capitol Hill in Washington, DC. A close-up photo of underwear of a man was tweeted from Weiner's Twitter account addressed to a college student in Seattle. The photo was deleted soon after and Weiner has claimed his account was hacked.

    Representative Anthony D. Weiner has told friends that he plans to resign his seat after coming under growing pressure from his Democratic colleagues to leave the House in the wake of revelations of his lewd online exchanges with women, said a person told of Mr. Weiner’s plans, the New York Times reports.

  • Digital Flirting: Easy to Do and Easy to Get Caught Tuesday, 14 Jun 2011 | 10:57 AM ET
    A man holds a flower and waits for a girl he dated during a matchmaking activity to mark the Singles Day November 11, 2006 in Chongqing Municipality, China. Single men and women left their information on notes hung on balloons with the hope of meeting members of the opposite sex. Singles Day is celebrated on November 11th since the Arabic numerals appear like singles standing together. Singles day is not an official festival in China but is celebrated among Chinese youths.

    Representative Anthony Weiner may have taken it to an extreme. But experts say the  online flirtations and provocative photos that got him into so much trouble are far from unusual among adults these days, the New York Times reports.

  • Why Was Stanley Fischer Excluded From IMF Race? Tuesday, 14 Jun 2011 | 2:58 AM ET
    The International Monetary Fund (IMF) headquarters building is seen in Washington, DC.

    Stanley Fischer's candidacy for managing director of the International Monetary Fund was dismissed on grounds of age Monday, as the 67 year old is two years above the threshold of 65 demanded for the job.

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