GO
Loading...

NetNet

More

  Friday, 18 Feb 2011 | 9:11 AM ET

Keeping 'New York' in the New York Stock Exchange

Posted By: Ash Bennington
  Friday, 18 Feb 2011 | 7:46 AM ET

Waking up With Nicole Lapin

Posted By: Nicole Lapin

Sorry we haven’t been waking up together for a few days- hope this holds you over this weekend. Don’t be jealous— it’s already the weekend in Asia…but they have to work on Monday, so bam!

» Read More
  Thursday, 17 Feb 2011 | 4:51 PM ET

The Bernie Boom: Lawyers Stand to Pocket $1.3 Billion in Fees From Madoff Case

Posted By: Ash Bennington
  Thursday, 17 Feb 2011 | 4:23 PM ET

Chinese Menu: Is Beijing 'Playing Pick One Item from Column A and One Item from Column B' with Their Data?

Posted By: Ash Bennington
Flag of the People's Republic of China
Kick Images | Photodisc | Getty Images
Flag of the People's Republic of China

An article in the China Worker , brings a general proposition into specific relief; namely, why the Chinese government fears rising food prices:

» Read More
  Thursday, 17 Feb 2011 | 4:15 PM ET

Ben Bernanke Goes to the Movies

Posted By: Kerima Greene

Ben Bernanke spotted at the movie theaters earlier this month."True Grit" playing on the big screen.

"He seemed to really enjoy it…laughing and cheering throughout..although it was a little weird to see him doing 'normal stuff," said one eyewitness.

»Read more
  Thursday, 17 Feb 2011 | 3:49 PM ET

Wall Street’s $86 Million Kinder Morgan Pay Day

Posted By: John Carney
Kinder Morgan
Source: kne.com
Kinder Morgan

Last week’s Kinder Morgan public offering was a fee bonanza for Wall Street. A total of nearly $86 million was paid out to the thirteen banks involved in the offering.

» Read More
  Thursday, 17 Feb 2011 | 3:21 PM ET

Hot Money & Sweet Little Lies

Posted By: Ash Bennington
Photo by: Tracy O.

The problem with controlling the flow of information is that you need to keep track of all the stories you're spinning: For the most populous nation on earth, that challenge may be Sisyphean.

Yesterday, as China reported food inflation surging over 10 percent, allegations circulated that the Chinese government had 'massaged' their aggregate inflation number by manipulating the market basket.

» Read More
  Thursday, 17 Feb 2011 | 2:53 PM ET

Why I Don't Trust The Muni Bond Experts

Posted By: John Carney
Simon Willms | Stone | Getty Images

Stone Street Advisor’s detailed story about John Paulson’s October 2010 interview with the Financial Crisis Inquiry Commission easily qualifies as a must read.

It far surpasses any of the conventional media stories about Paulson’s testimony, taking full advantage of the fact that blogs don’t suffer from handicaps such as space limits.

SSA lets the story run long because Paulson’s testimony deserves to be studied at length.

» Read More
  Thursday, 17 Feb 2011 | 1:49 PM ET

What Will Kill a Bull Market? Good News

Posted By: Jeff Cox
Getty Images

The best of times for the economy can be the worst of times for the stock market, and that may prove especially true in a market driven by trillions of dollars in monetary stimulus.

As the market keeps surging ever higher, doubling its March 2009 lows and on a high-speed journey to infinity and beyond, the biggest game in Wall Street is trying to figure out when the bull run finally runs out of rocket fuel.

» Read More
  Thursday, 17 Feb 2011 | 12:47 PM ET

Homeowner Forecloses on Wells Fargo

Posted By: Ash Bennington
Wells Fargo bank
Paul Sakuma
Wells Fargo bank

You read the headline correctly: A homeowner has begun foreclosure proceedings on a local Wells Fargo office in Pennsylvania.

This is how it happened. A Philadelphia homeowner named Patrick Rodgers, who mortgage banks with Wells Fargo, was told by Wells that he needed to take out a $1 million homeowner's policy on his house. Rodgers bristled at the demand: Because the market value of his house was far below a million bucks—he'd purchased it for $180,000 in 2002—and because the insurance policy cost $2,400. (Wells wanted the house insured for its replacement value—and the 100 year old Victorian would cost a fortune to recreate; hence, the difference in valuation.)

Here's where the stories gets fun, as Susanna Kim reported for ABC News .

» Read More

About NetNet

  • NetNet is where you'll find the low-down and the high jinks of Wall Street. It's the place for insider stories, trader gossip, and tales of the foibles of the moneyed crowd and the culture of finance.Wall Street news and commentary served fresh all day long.

 

  • Jeff Cox is finance editor for CNBC.com.

  • Lawrence Develingne

    Lawrence Delevingne is the ‘Big Money’ enterprise reporter for CNBC.com and NetNet.

  • Stephanie Landsman is one of the producers of "Fast Money."

NetNet TV

Wall Street