Thursday, 4 Nov 2010 | 11:30 AM ET

Jobs In The Rough

Posted By: Stephanie Landsman, Producer for "Squawk Box"

Prameela Nagaraj holds a bachelor's degree from the State University of New York at Binghamton. Since graduating in 1997, she has held regulatory paralegal positions at UBS and Merrill Lynch. But, you won't find her working for a financial services firm now. Nagaraj starts this week as a seasonal salesperson at a Coach Outlet Store in New Jersey.

Out of work man
Out of work man

"This job is from November third until January fifth. The day of the interview it was made clear this was only seasonal work. But, I hope this job opens a door for me... after a long time of looking and being frustrated. " says Nagaraj.

Nagaraj isn't alone.

» Read More
  Thursday, 4 Nov 2010 | 10:34 AM ET

The GOP Victory Could Make 2011 the Year of the Put-Back

Posted By: John Carney
Fannie Mae and Freddie Mac may throw a surprise wrench into the profits of our largest banks next year by demanding sizable repurchases of mortgages contained in flawed pools that underlie mortgage-backed securities. »Read more
  Thursday, 4 Nov 2010 | 9:02 AM ET

Kanjorski Loss Leaves Big Void on Finance Panel

Posted By: Jeff Cox
With Rep. Paul Kanjorski vanquished, the congressional horse-trading will begin to determine the leadership structure of the House Financial Services Committee. »Read more
  Thursday, 4 Nov 2010 | 8:53 AM ET

Did the Fed Not Go Far Enough?

Posted By: Ash Bennington
A roundup of the morning headlines. »Read more
  Wednesday, 3 Nov 2010 | 6:26 PM ET

When Men Cry (or, Boo Hoo Boehner)

Posted By: Lori Spechler
If you were watching CNBC election coverage last night, you were treated to a tearful victory speech by Rep. John Boehner. »Read more
  Wednesday, 3 Nov 2010 | 5:01 PM ET

Priced in? No Boost for Equities after Fed Announcement

Posted By: Ash Bennington
A roundup of the day's headlines. »Read more
  Wednesday, 3 Nov 2010 | 4:43 PM ET

Mohamed El-Erian's Phony Political Courage

Posted By: John Carney
We were discussing the order in which the Devil had invented war, pestilence, and risk-weighted securities at the back table of a small restaurant. The waiter kept coming by offering small bowls of bread, menus and other things intended to encourage us to take solids with our lunch. »Read more
  Wednesday, 3 Nov 2010 | 3:32 PM ET

Fed Easing: Bigger & Longer Than Expected

Posted By: John Carney
Some quick notes on the FOMC announcement. »Read more
  Wednesday, 3 Nov 2010 | 2:58 PM ET

Sorry, Barry Ritholtz, SIPA Was Totally a Bailout of Wall Street

Posted By: John Carney
My argument for the regulatory roots of the transformation of Wall Street firms from private partnerships to publicly-held companies has provoked an unexpected reaction. »Read more
  Wednesday, 3 Nov 2010 | 1:19 PM ET

Main Street Has Spoken—What Small Business Wants From the New Congress

Posted By: Lori Ann LaRocco
No question. Our long ailing economy played a deciding role in delivering the Republicans a victory in last night's elections. Six out of ten voters say that the economy was their primary concern. »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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