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Kate Kelly

CNBC Reporter

Kate Kelly joined CNBC in May 2010 as a reporter focusing on hedge funds and Wall Street. She appears during CNBC's business day programming and contributes to CNBC.com.

Previously, Kelly was a staff reporter for The Wall Street Journal, where she spent a decade. She covered numerous firms for the Journal including Goldman Sachs and Morgan Stanley as well as the movie business and the New York Stock Exchange. Before joining the Journal in 2001, she was a writer and reporter for Time magazine and, before that, a reporter at The New York Observer.

She has won a number of prestigious awards, including two Gerald Loeb Awards, four awards from the Society of American Business Editors and a Livingston Award for Young Journalists in the national reporting category.

She also has been honored by the Newswomen's Club of New York, the Medill School of Journalism and the New York City Deadline Club. She is the best-selling author of "Street Fighters: The Last 72 Hours of Bear Stearns, the Toughest Firm on Wall Street" and she released her second book, "The Secret Club That Runs The World: Inside the Fraternity of Commodity Traders," in June 2014.

Kelly holds a bachelor's degree from Columbia College at Columbia University.

Follow Kate Kelly on Twitter @katekellycnbc.

More

  • Goldman Sachs Loses Top Bond Trader to Morgan Stanley Thursday, 20 Jan 2011 | 4:30 PM ET
    The Goldman Sachs booth on the floor of the New York Stock Exchange

    In one of the first high-profile Wall Street defections of the year, Edward Glenn Hadden, former head of government-bond trading at Goldman Sachs, has been named Morgan Stanley’s new head of global rates trading, say people familiar with the matter.

  • To Aubrey McClendon, who runs the country’s second-largest natural-gas producer, the commodity’s downward spiral isn’t a threat. In fact, he says, if gas prices skidded to zero, his company could still make money.

  • Goldman Sachs earnings calls aren’t known for their levity. But there was a funny moment in this morning’s fourth-quarter investor question-and-answer period with CFO David Viniar.

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The Profit

American Greed

  • Brothers Darain and Cory Atkinson start US FIDELIS, a business selling vehicle service contracts. But when the cars break down those "warranties" prove worthless while the brothers pocket millions and live it up.

  • When customers found fault in their car service contracts, confusion ensued on who to hold responsible.

  • While U.S. Fidelis was bringing in business, the Better Business Bureau was receiving thousands of complaints against the company.

Money Talks