GO
Loading...

NetNet

More

  Friday, 21 Jan 2011 | 2:49 PM ET

Goldman Bonuses: “Totally Meh.”

Posted By: John Carney
Goldman Sachs
Getty Images
Goldman Sachs

The beautifully designed new headquarters of Goldman Sachs was full of the sound of grumbling and a few slamming doors yesterday as staff got the news about their annual bonuses.

Bonuses were far lower than last year for many staffers.

» Read More
  Friday, 21 Jan 2011 | 2:31 PM ET

Wall Street's Super Bowl Favorite: Go Pack!

Posted By: Jeff Cox
Green Bay Packers QB Aaron Rodgers
Getty Images
Green Bay Packers QB Aaron Rodgers

While it may break the football hearts of hometown fans at the market exchanges in Chicago and New York, history shows that investors will be better off if the Pittsburgh Steelers and Green Bay Packers play in the Super Bowl.

Sorry, Bears and Jets fans, but in the combined 11 NFL championship games in which either the Steelers \(6-1\) or Packers \(3-1\) have played, the Standard & Poor’s 500 has never turned in a losing year.

» Read More
  Friday, 21 Jan 2011 | 2:05 PM ET

Bank of America: Probably Still Screwed

Posted By: John Carney
Bank of America flag
Getty Images
Bank of America flag

Brian Moynihan looked and sounded confident this morning as he closed out his first year as President and CEO of Bank of America.

» Read More
  Friday, 21 Jan 2011 | 12:47 PM ET

Dumb Rules

Posted By: Ash Bennington
Government Regulation
CNBC.com
Government Regulation

Here's a shocker: Washington imposes lots of dumb rules on its citizens—particularly beleaguered small businesses.

While the skeptics among us may suspect that fact is unlikely to change, it's at least getting a public airing.

According to an article in today'sNew York Times :

» Read More
  Friday, 21 Jan 2011 | 11:28 AM ET

Dodd-Frank & Basel III: A Round Peg and Square Hole?

Posted By: Ash Bennington

To put it simply and bluntly, Dodd-Frank & Basel III have components that are logically contradictory.

» Read More
  Friday, 21 Jan 2011 | 10:53 AM ET

Tepper: It's No Longer "An Everything Will Go Up" Market

Posted By: Cadie Thompson
»Read more
  Friday, 21 Jan 2011 | 10:41 AM ET

10 Things That Would Make David Rosenberg a Bull

Posted By: Jeff Cox
David Rosenberg
CNBC
David Rosenberg

If you’ve been a follower of David Rosenberg’s over the years and think there is absolutely nothing that would turn him bullish, think again.

» Read More
  Friday, 21 Jan 2011 | 10:20 AM ET

Here’s the Real Story of JPMorgan’s M&A Unit Shakeup

Posted By: John Carney
JP Morgan Chase
CNBC.com
JP Morgan Chase

JPMorgan is shaking up its mergers and acquisitions business.

Jimmy Elliott, who has been running JPMorgan’s M&A unit for more than five years, will step aside. The M&A business will be run by JPMorgan’s Chris Ventresca and Jim Woolery, currently the head of the corporate department at Cravath, Swain & Moore.

Elliott will remain at the firm as relationship guy, brought in to work with the most important clients and the biggest deals.

But responsibility for day to day operations and staffing will rest with Ventresca and Woolery.

» Read More
  Friday, 21 Jan 2011 | 9:51 AM ET

Message to CEOs—Don't Underestimate The Middle Kingdom in The Innovation Race

Posted By: Lori Ann LaRocco

It's been a big week in Washington since Chinese President Hu Jintao arrived. Congressional members have not been afraid to speak their minds when it comes to China's economic, monetary and domestic policies.

But there is a another storm brewing that could impact many companies—the patent race.

While many have painted China as a land where pirating is king, the country is reinventing itself from a country of imitation to a country of innovation. I decided to talk about the innovation race and the fatal mistakes companies can make when it comes to China with Lewis Lee, IP attorney to US patent powerhouses like Microsoft on the dangers of under-estimating the Middle Kingdom.

» Read More
  Friday, 21 Jan 2011 | 9:10 AM ET

Banks Want a Piece of Fannie & Freddie?

Posted By: Ash Bennington

Bank of America Reports 2nd Straight Quarterly Loss on Mortgage Writedowns [CNBC] "In the fourth quarter, the bank recognized a $2 billion writedown in value of its mortgage business, and a $4.1 billion provision for future mortgage repurchase claims."

State Bankruptcy Options Discussed in Congress [NY Times] "Policy makers are working behind the scenes to come up with a way to let states declare bankruptcy and get out from under crushing debts, including the pensions they have promised to retired public workers. Unlike cities, the states are barred from seeking protection in federal bankruptcy court. Any effort to change that status would have to clear high constitutional hurdles because the states are considered sovereign."

» 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