Wednesday, 13 Oct 2010 | 1:39 PM ET

Standard Chartered: Fresh Meat?

Posted By: Nicole Lapin
In the latest of a wave of hostile takeover bids, emerging markets bank Standard Chartered is fresh meat — and investors, including JPMorgan Chase, are hungry. »Read more
  Wednesday, 13 Oct 2010 | 12:36 PM ET

The Foreclosure Crisis Tilts Toward Total War

Posted By: John Carney
Attorneys General in something like 40 states are planning to announce a joint investigation into the foreclosure document mess. »Read more
  Wednesday, 13 Oct 2010 | 11:58 AM ET

Why Do Bears Seem Smarter Than Bulls?

Posted By: James Altucher, Managing Director of Formula Capital
I admit it: I’m jealous of Nouriel Roubini aka Dr. Doom. He’s been dead bearish this rally (see our joint CNBC appearance on July 5) and I vaguely recall him being bearish at the market lows in March, 2009. But, to be fair, in August 2006 he was calling for a housing crash as well. So I give him some credit. »Read more
  Wednesday, 13 Oct 2010 | 11:06 AM ET

For Kanjorski, the News Just Keeps Getting Worse

Posted By: Jeff Cox
These could well be the final days for Rep. Paul Kanjorski’s long journey from the coal banks of northeastern Pennsylvania to the halls of power in Washington. »Read more
  Wednesday, 13 Oct 2010 | 8:55 AM ET

JP Morgan Chase Earnings: Bad News For Wall Street

Posted By: John Carney
Although JP Morgan Chase beat analysts estimates this morning, the details of the latest quarterly report are bad news for Wall Street. »Read more
  Wednesday, 13 Oct 2010 | 8:51 AM ET

Siebert: Shedding Light On the Dark Pools

Posted By: Lori Ann LaRocco
What will the midterm elections mean for Wall Street? »Read more
  Wednesday, 13 Oct 2010 | 8:27 AM ET

Deflation: Looming Disaster for Banks?

Posted By: Ash Bennington
A roundup of the morning headlines. »Read more
  Tuesday, 12 Oct 2010 | 4:45 PM ET

Don't Hate Us For This, Erin...

Posted By: Ash Bennington

CNBC's Olick: Foreclosure Gate May Be Worse Than Lehman (CNBC)

Fed still wrestling with issues ahead of its Nov 2-3 meetings (NY Times)

Anatomy of a documentation disaster (Financial Times... flow charts included)

Casting in for big screen Too Big to Fail. (Clusterstock.... Highlight: James Woods as Dick Fuld.)

Tech stocks at bargain basement prices (CNBC via Reuters)

Halted with righteous indignation, deep water drilling makes quiet return (NY Times)

Why foreclosure fraud threatens property rights (The Big Picture)

FASB revises debt restructuring rules (CNBC.com)

Complexities of foreclosure fraud got you down? Fear not: Mike at Rortybomb has your back. His five part primer is clearly written and covers the entire sordid mess -- from origination to the inevitable cavalcade of lawsuits:

Part I - Part II - Part III - Part IV - Part V

Don't hate us for this, Erin: we thought it was adorable (Mediaite)

»Read more
  Tuesday, 12 Oct 2010 | 3:54 PM ET

On the Buy Side

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

They survived the financial Armageddon of 2008 with their careers, finances, and houses intact. So the question is: are the good times rolling again?

Man shopping for clothes
UpperCut Images | Getty Images
Man shopping for clothes

Before firms dole out holiday bonuses, we're taking a look at how a some leading strategists and money managers are budgeting. What they've bought, what they've held, and how generous they plan to be. Our roster today includes a Pimco portfolio manager, a president of a high net worth investment firm, and the chief economist of an institutional trading firm.

» Read More
  Tuesday, 12 Oct 2010 | 3:43 PM ET

FOMC Minutes Released -- Delphic Discussions on the Future Direction of QE

Posted By: Ash Bennington

Earlier this afternoon, The Federal Reserve Board released minutes from a Committee meeting held on September 21, 2010. Summary and excerpts follow:

Economic Situation

Overall economic picture: economic expansion slowed, inflation stayed low.

"The information reviewed at the September 21 meeting indicated that the pace of the economic expansion slowed in recent months and that inflation remained low. Private bus

Getty Images

inesses increased employment modestly in August, but the length of the workweek was unchanged and the unemployment rate remained elevated. Industrial production advanced at a solid pace in July and rose further in August. Consumer spending continued to increase at a moderate rate in July and appeared to move up again in August. The rise in business outlays for equipment and software looked to have moderated recently following outsized gains in the first half of the year. Housing activity weakened further, and nonresidential construction remained depressed. After falling in the previous three months, headline consumer prices rose in July and August as energy prices retraced some of their earlier decline while prices for core goods and services edged up slightly."

Economic Situation

Overall economic picture: economic expansion slowed, inflation stayed low.

"The information reviewed at the September 21 meeting indicated that the pace of the economic expansion slowed in recent months and that inflation remained low. Private bus

» 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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