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  Friday, 1 Apr 2011 | 1:18 PM ET

Refueling Price Hikes... Caddy Up!

Posted By: Stephanie Landsman
gas_nozzle_AP.jpg

The expenses are adding up for consumers at the gas pumps —with average unleaded fuel prices bubbling around $3.50 a gallon. Those prices are expected to go higher with crude oil climbing this week to 2008 levels.

The impact is expanding way beyond the gas stations— where higher commodity prices have been most visible.

If you go to the mechanic, open up the cupboards or just need some new golf equipment… there’s a greater chance you’re opening up your wallet wider this year.

» Read More
  Friday, 1 Apr 2011 | 1:10 PM ET

Does Silicon Valley Have an Insider Trading Problem?

Posted By: John Carney
Facebook
Facebook

Don’t be surprised if people connected with some of the hottest new tech companies find themselves hauled into court on insider trading charges.

Many in Silicon Valley apparently believe that insider trading rules don’t apply to buying or selling stakes in non-public companies like Twitter and Facebook.

» Read More
  Friday, 1 Apr 2011 | 11:51 AM ET

Wikileaks Can Dance!

Posted By: Cadie Thompson

It's Friday, here's a treat.

»Read more
  Friday, 1 Apr 2011 | 11:41 AM ET

Facebook Fired Employee for Insider Trading Ahead of Goldman Deal

Posted By: John Carney
Mark Zuckerberg
Getty Images
Mark Zuckerberg

Facebook fired a corporate development manager for buying Facebook shares in a private market transaction prior to the announcement of Goldman Sachs' investment in the company, according to the website TechCrunch .

» Read More
  Friday, 1 Apr 2011 | 10:11 AM ET

Morgan Stanley CEO James Gorman Lets His Top Lieutenants Lie to Him with Impunity?

Posted By: John Carney
  Friday, 1 Apr 2011 | 9:22 AM ET

Fed Let Largest Banks Turn Junk into Cash During the Financial Crisis

Posted By: Julia La Roche
NN_morning_call_200.jpg

Jobs report came in better than expected[CNBC.com via Reuters]

Fed let largest banks turn $118 billion in junk bonds into cash during financial crisis [Bloomberg]

"Nasdaq, ICE Make Hostile Play for NYSE Euronext" [NYTimes DealBook]

Shocker: Hedge fund managers make a lot of money! And "25 Hedge Managers Earn as Much as 441,400 Americans". [CNBC.com via NYTimes]

»Read more
  Friday, 1 Apr 2011 | 7:58 AM ET

Ted Kauffman on the Fiscal Fist Fight

Posted By: Lori Ann LaRocco
NN_c_suite_200.jpg

The battle brewing within the Republican Party is being closely watched by the markets and the Democrats alike. The budget tug of war between the Tea Party and the GOP getting so heated that many of my DC sources and corporate officials are worried that Paul Ryan's 2012 budget may not be tough enough for the ultra-conservatives in the GOP caucus.

I decided to get the perspective of former Delaware Senator and Congressional Oversight Panel Chairman Ted Kaufman on this fiscal fight.

» Read More
  Friday, 1 Apr 2011 | 7:54 AM ET

Woman Complains That She Is Too Hot for Finance

Posted By: John Carney
business_woman_sexy_legs_200.jpg
Jutta Klee | Getty Images

A London-based investment banker has written to Lucy Kellaway of the Financial Times with a rather unusual problem.

She says she is too good looking to work. Men drool over her, women distrust her, and no one takes her seriously.

» Read More
  Thursday, 31 Mar 2011 | 4:57 PM ET

What do the Bronx Zoo Cobra, Irish Banks and Goldman Sachs Have in Common?

Posted By: Ash Bennington
  Thursday, 31 Mar 2011 | 2:42 PM ET

Government Lost Out on Billions With Bailout

Posted By: Ash Bennington
US Capitol Building with cash
US Capitol Building with cash

The government has been touting the profitability of the bank bailout.

But those profits lag tens of billions of dollars behind what a private investor in the bailed out banks would have made.

» 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.

 

Wall Street

  • Robert Shiller

    Nobel Prize-winning economist Robert Shiller says that his key valuation indicator is flashing warning signs.

  • Lael Brainard

    The Fed is in the early stages of an analysis on changes in bond market liquidity, amid signs that liquidity may be less resilient than in past.

  • Bill Gross

    Janus Capital acquired a majority interest in Kapstream Capital and said Kapstream's Palghat will support Bill Gross as co-portfolio manager of the Janus Global Unconstrained Bond strategy.