Regulators indicated they'd gotten to the bottom of the "flash crash." Many on Wall Street, though, believe the work is only starting.» Read More
Does Mervyn King, the Governor of the Bank of England, want a return to a Bretton Woods style fixed rate regime?
Frankly, it's difficult to thread through the econo-speak of King's latest white paper; nonetheless, Tracy Alloway makes a noble attempt for the Financial Times Alphaville blog .
King's paper is ominously entitled 'Global imbalances: the perspective of the Bank of England'. \(A one paragraph summary on the title page contains this gem of bureau-speak: "The main lesson from the crisis is the need to find better ways of ensuring the right collective outcome." — which seems to suggest 'stuff got really bad, so we all need to do things differently next time'.\)
The madness in Libya has escalated beyond the level seen in Egypt—even during its darkest hours, just prior to the fall of the Mubarak regime.
Recent counts of the dead in Egypt put the death toll from the uprising at well over 300 .
Video of plain clothes police officers in Tahrir Square, clubbing demonstrators while mounted on horseback or riding camels, remain the indelible images of the regime's brutality — proof that Mubarak had little reservation about sending in goons to bust skulls when his regime was teetering on the brink of collapse.
Since yesterday was President's Day, I found it only fitting to focus my column on some of the most important policy decisions that have helped shaped our nation. Nick Ragone, a presidential historian whose latest book is called "Presidential Leadership: 15 Decisions That Changed The Nation," sat down with me and offered me his perspective on some of these key economic and foreign policy events.
When news broke last week that the California Public Employees' Retirement System was suing former Lehman executives, we immediately started wondering what these folks are up to now.
Three Lehman executives were named in the suit: former CEO Dick Fuld and former CFOs Chris O'Meara and Erin Callan.
Our investigation into O'Meara and Fuld continues. But we do have some intelligence on Erin Callan.
Fret not: Saudi prince tells CNBC Saudi Arabia Will protect world oil supply. [CNBC.com's Patrick Allen]
Mozilo walks! [DealBook]
It's not a bubble – It's a chain letter. [PE Hub | Hat Tip: Term Sheet]
"SEC Case Prompts Hedge Funds to Sweep for Bugs" [CNBC.com via Financial Times]
Dynegy CEO and CFO to Leave After Failed Icahn Bid [The Street.com]
It may feel like spring in New York City—but fall is in the air. Models have been strutting their stuff for fashion week.
NetNet went fashion forward with The Style File Group Analyst & CNBC Contributor Hitha Prabhakar and CRT Capital Group Retail Analyst Leah Hartman to find out which retailers could profit from the fall trends.
Prabhakar was asked about what she saw on catwalk. Based on Prabhakar's observations, Hartman tells us which retailers will likely benefit—to help get your portfolio all dolled up.
Despite earnings, investors cannot help but notice the continuing impact of the strong dollar on tech revenues.
In a first for a U.S. stock exchange, Nasdaq OMX Group on Thursday agreed to pay $26.5 million to settle a lawsuit involving its bungling of Facebook's IPO.
Many pros scoffed at the notion that Navinder Sarao was the sole culprit of the spectacular plunge on May 6, 2010.