GO
Loading...

NetNet

More

  Friday, 4 Feb 2011 | 8:44 AM ET

Labor Number Schizophrenia: Economy Adds Only 36,000—but Unemployment Rate Falls to 9%

Posted By: Ash Bennington

Labor number schizophrenia : Economy adds only 36,000 — but unemployment rate falls to 9%.

Egypt Braces for Massive Protests [Wall Street Journal]

Egyptians want Mubarak out —today [Financial Times]

Analysts expect job numbers to jump upward [Reuters]

Ally Financial picks the usual suspects to take it public: Cit, Goldman, JPMorgan, and Morgan Stanley.[CNBC via Reuters]

Bernanke sees catastrophe if debt ceiling isn't raised. [ZeroHedge]

Shocker: Republicans and Democrats disagree about Fannie & Freddie. [Boston Globe]

"The Worst Cell Phone on Earth" [Slate | Hat Tip: Felix Salmon]

Egypt Not Iran '79—should that reassure us? [Bloomberg]

ADP is terrible at predicting payroll numbers [Barry Ritholtz]

Work for Meredith Whitney now! [DealBreaker]

Early Superbowl Commercial Preview? [NY Times]

»Read more
  Friday, 4 Feb 2011 | 7:12 AM ET

Degrees Of Debt: MBAs

Posted By: Stephanie Landsman

Twenty-six year old Craig Rosen is taking a $100,000 gamble on his future.

That's how much Rosen, a first year MBA student at the University of Southern California, will owe in loans when he graduates.

"Having a bachelor's degree is no longer enough to be competitive in corporate America. A graduate degree is a way to set yourself apart from competition," said Rosen. "I think most students at USC are optimistic that they will be able to find an internship or full time position after this school year ends."

» Read More
  Thursday, 3 Feb 2011 | 4:38 PM ET

Six Charged With Expert Network Insider Trading

Posted By: Ash Bennington
  Thursday, 3 Feb 2011 | 4:24 PM ET

The 'Rabbit Conspiracy'

Posted By: Ash Bennington
Singapore Celebrates Chinese New Year
Getty Images
Singapore Celebrates Chinese New Year

I'm beginning to wonder if the meaning of The Year of The Rabbit isn't something of a secret.

Today, as you likely already know, is the Chinese Lunar New Year: And 2011 is the Year of The Rabbit.

» Read More
  Thursday, 3 Feb 2011 | 3:33 PM ET

Life's Not Really That Bad, Dr. Helen

Posted By: Ash Bennington
AP

Dr. Helen Smith is a forensic psychologist in Knoxville, Tennessee "who enjoys commenting on popular culture, politics and psychological issues."

Not long ago, I caught her attention with a short post I wrote for CNBC entitled: College Freshmen: Life Sucks.

» Read More
  Thursday, 3 Feb 2011 | 3:15 PM ET

Kenneth Cole's Cairo Gaffe Invites Cyber-Toge

Posted By: Lori Ann LaRocco
Twitter

Looks like Kenneth Cole's impolitic tweet about Egypt has become a flashpoint for brand cyber-toge.

A new Twitter account called "KennethColePR" was opened up today, shortly after Cole's Cairo Uproar tweet. It's obviously not an official Kenneth Cole account. In fact, it seems that the main purpose of the account is to mock Kenneth Cole's Cairo gaffe.

» Read More
  Thursday, 3 Feb 2011 | 2:42 PM ET

Hofmeister: If Oil Production Shuts Down in Egypt—Oil Will Go up $20 to $30 a Barrel 

Posted By: Lori Ann LaRocco

The commodities markets are running scared as images of unrest in Egypt dominate tv screens around the world. Just how high can black gold go? I asked that question to John Hofmeister former President and COE of U.S. Operations of Shell Oil and Founder and CEO of Citizens for Affordable Energy.

» Read More
  Thursday, 3 Feb 2011 | 2:26 PM ET

Biased Study Claims Obamacare Opponents Are Dumb

Posted By: John Carney
Justin Sullivan | Getty Images

A new study of public beliefs about the health care reform law demonstrates that many Americans have false impressions about some of its provisions.

This won’t come as a shock to anyone who is familiar with the facts of widespread public ignorance and error. We’ve long known that the public substitutes distorted and simplistic stereotypes for knowledge of political facts. Seventy percent of the public doesn’t know the names of either of their state’s senators, for example. During the height of the Cold War, 62 percent of the US public didn’t realize the Soviet Union was not a member of NATO.

» Read More
  Thursday, 3 Feb 2011 | 1:51 PM ET

Kenneth Cole Puts Well-Heeled Foot in Mouth

Posted By: John Carney

Famously outspoken shoemaker Kenneth Cole says he writes all the tweets signed "KC" that come from the @KennethCole Twitter account.

Kenneth Cole on Twitter
Kenneth Cole on Twitter

Which means he has no one to blame but himself for the outrage over a tweet sent out earlier today claiming that the "uproar in Cairo" was the result of Egyptians finding out that the new spring shoe collection was available online.

» Read More
  Thursday, 3 Feb 2011 | 12:46 PM ET

Give Me More Money! UBS Delays Bonuses Because Senior Execs Say Bonus Pool Is Too Small

Posted By: Cadie Thompson

Looks like the top guys over at UBS are going to bat for their team—fighting management to expand the bonus pool.

UBS has delayed 2010 bonuses because senior executives have deemed the bonus pool "unworkable" and they need time to plea for more money.

» 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