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  Friday, 22 Oct 2010 | 11:33 AM ET

John Paulson Tells Investors That He's A Bit Less Bullish On Bank of America

Posted By: John Carney
John Paulson, the hedge fund manager who made the "greatest trade ever" by betting against the housing bubble, has been bullish on Bank of America since the summer of 2009, when he bought a bunch of preferred shares and converted them to common stock at around $10 a share. »Read more
  Friday, 22 Oct 2010 | 10:05 AM ET

America Hates Wall Street

Posted By: John Carney
How much antipathy does America have against Wall Street? »Read more
  Friday, 22 Oct 2010 | 8:39 AM ET

As Regulators Ease Restrictions, Banks Return Capital to Shareholders

Posted By: Ash Bennington
A roundup of the morning headlines. »Read more
  Thursday, 21 Oct 2010 | 6:44 PM ET

China Trade & Currency Rates With Economist Robert Shapiro

Posted By: Ash Bennington
Two prominent and interrelated stories have dominated the landscape of international business headlines recently: currency valuations and China trade policy. »Read more
  Thursday, 21 Oct 2010 | 4:39 PM ET

Judge Throws Monkey Wrench Into Lehman Bankruptcy Trial

Posted By: Ash Bennington
A roundup of the day's headlines. »Read more
  Thursday, 21 Oct 2010 | 3:17 PM ET

Three Scenarios For Oil If Israel Attacks Iran’s Nuke Program

Posted By: Brad Schaeffer, CEO INFA Energy Brokers
I have written in the past about the prospect of a nuclear Iran and its destabilizing effect in the world’s most important energy region. But what if Israel strikes before Tehran’s nuclear ambitions are realized? »Read more
  Thursday, 21 Oct 2010 | 2:43 PM ET

Let Us Now Praise the Head of RenTech's Political Engagement

Posted By: John Carney
The co-head of Renaissance Technologies is the donor who has been paying $300,000 of ads critical of Congressman Peter DeFazio, the Democrat from Oregon. »Read more
  Thursday, 21 Oct 2010 | 1:06 PM ET

As it Turns Out, High-Frequency Traders Don't Front Run Trades

Posted By: Ash Bennington
A recent study by JD-PhD candidate Jonathan Brogaard seems to suggest that high frequency traders aren't jumping in front of big trades to take the same position first. (Doing so would pick the pocket of the trader behind the front runner — since the front runner would benefit from price shifts caused by fluctuations in the quantities supplied or demanded by the large trade.) »Read more
  Thursday, 21 Oct 2010 | 12:27 PM ET

Put-Back Apocalypse Demonstrates the Need for a New Kind of Law Firm to Sell Legal Advice to Investors

Posted By: John Carney
Law Professor Larry Ribstein points out that Bank of America’s put-back problems are raising a host of legal issues. »Read more
  Thursday, 21 Oct 2010 | 11:13 AM ET

KKR Hires Nine Goldman Prop Traders

Posted By: Kate Kelly
Intending to launch a new long-short public equities unit, KKR has hired nine traders from the Goldman Sachs prop-trading desk GSPS. »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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