Friday, 4 Mar 2011 | 4:30 PM ET

Gary Lynch Leaves: The Un-Macking of Morgan Stanley

Posted By: John Carney
Duke University

Morgan Stanley Vice Chairman and former Chief Legal Officer Gary Lynch is leaving the firm to pursue "other opportunities."

It's one of the iron rules of Wall Street: nobody ever really leaves to pursue "other opportunities."

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  Friday, 4 Mar 2011 | 4:20 PM ET

Is Rajat Gupta Going for the Frenemy Defense?

Posted By: John Carney
Rajat Gupta
Umesh Goswami | The India Today Group | Getty Images
Rajat Gupta

Rajat Gupta has sent an email to the dean of the Hyderabad-based Indian School of Business, which he co-founded, describing his relationship with Raj Rajaratnam as "strained," according to the Times of India .

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  Friday, 4 Mar 2011 | 3:41 PM ET

The Spawn of iPad 2

Posted By: Lori Spechler
iPad 2 Suit
Source: Mohan's Custom Tailors
iPad 2 Suit

Leave your man-purse behind, the iPad 2 suit is about to hit the market.

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  Friday, 4 Mar 2011 | 3:18 PM ET

It's Friday, Here's a Treat

Posted By: John Carney
Enjoy. »Read more
  Friday, 4 Mar 2011 | 2:29 PM ET

Why Men Date Dumb and Women Don't

Posted By: John Carney

In my back-and-forth with Nicole Lapin , we rediscovered a widely reported fact: women apparently value higher IQs in men more than men do in women.

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  Friday, 4 Mar 2011 | 12:42 PM ET

Not Your Run of the Mill Proxy Season

Posted By: Lori Ann LaRocco

Spring is just around the corner and Wall Street is in for a bit of Spring Cleaning. It's the all important proxy season. This year it will have an added dash of flare with the introduction of Dodd-Frank. How will financial regulation influence this year's proxies?

I asked Clarke Murphy , Global Leader of Russell Reynolds Associates' CEO and Board Services.

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  Friday, 4 Mar 2011 | 11:50 AM ET

Employment Picture Makes Things Cloudy for Investors

Posted By: Jeff Cox
NYSE Trader
Photo: Oliver Quillia for CNBC.com
NYSE Trader

Maybe today’s nonfarm payrolls number will convince investors not to get their hopes up too high.

Amid the almost breathless anticipation that has come to greet these monthly unemployment reports, the government put forth some fairly vanilla numbers: 192,000 new jobs created, which was a bit below consensus, and a drop of the unemployment rate to 8.9 percent, which was a bit better than consensus.

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  Friday, 4 Mar 2011 | 10:50 AM ET

Roubini: Don’t Do It, Trichet!

Posted By: Nicole Lapin
Nouriel Roubini
Getty Images
Nouriel Roubini

We know the drill—the ECB is worried about headline inflation, signaling they’re going to start tightening rates next month.

Dr. Doom himself told me on my show this morning that that isn’t a good idea. “That's a mistake, he said.” Given problems in the banking system, Roubini says the ECB is rushing too fast into hiking rates.

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  Friday, 4 Mar 2011 | 9:48 AM ET

Goldman CEO May Testify at Insider Trading Trial

Posted By: John Carney
Goldman Sachs CEO Lloyd Blankfein
Getty Images
Goldman Sachs CEO Lloyd Blankfein

The insider trading trial of Galleon founder Raj Rajaratnam may include testimony from Goldman Sachs CEO Lloyd Blankfein.

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  Friday, 4 Mar 2011 | 9:14 AM ET

UBS CEO Goes Without Bonus

Posted By: Julia La Roche

'Dr. Doom' says the ECB's April rate hike would be a 'mistake' [CNBC.com]

UBS CEO won't accept 2010 bonus [WSJ]

Economic data today includes unemployment report [Associated Press via CNBC.com]

Check out"Five Things We're Watching" [CNBC's Nik Deogun, Matt Levine]

"Fired Workers Burn Indian Executive to Death" [Yahoo!News via Associated Press]

Unbelievable! This is happening in American suburbs:"The New Mafia" [The Daily]

»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."

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