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  Tuesday, 14 Sep 2010 | 3:56 PM ET

What The Hell Just Made Bullish Sentiment Double?

Posted By: Jeff Cox

Investor sentiment over the past several weeks has been, in a word, weird.

It’s not enough that those bullish on the market have doubled (from 21 percent to 44 percent) over the past two weeks, according to the latest survey from the American Association of Independent Investors .

» Read More
  Tuesday, 14 Sep 2010 | 3:28 PM ET

Geithner Chills More With Goldman's Blankfein Than His Comrades In Congress, But Who Can Blame Him?

Posted By: Cadie Thompson

A recent report reveals Treasury Secretary Timothy Geithner met more times with Goldman Sachs CEO Lloyd Blankfein than with Congressional leaders since Geithner took the position in January of 2009 to March 2010.

U.S. Treasury Secretary Timothy Geithner
Getty Images
U.S. Treasury Secretary Timothy Geithner

The article in theHuffington Post takes a few jabs at Geither, insinuating that he was doing a pretty lousy job during a time when Congress was fumbling through financial regulation legislation, which Geithner played a key role in creating.

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  Tuesday, 14 Sep 2010 | 2:49 PM ET

One on One with Stephen Crawford

Posted By: Lori Ann LaRocco

Given the anniversary of the financial crisis and Basel III are in the news this week, I decided to open up my Rolodex and speak with one of my great go-to financial experts.

Stephen Crawford, former co-president of Morgan Stanley and partner of financial advisory boutique firm Centerview Partners is one executive who has his pulse on the economy and financial services industry.

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  Tuesday, 14 Sep 2010 | 1:21 PM ET

Sorry, There's Not Really A Good Argument For Spending More On Infrastructure

Posted By: John Carney

These days almost everyone seems to agree that we need to spend more on infrastructure. But there’s really not much evidence for this idea.

Construction Highway
AP
Construction Highway

Over the weekend, for example,Robert Frank attempted to make the case for increased government infrastructure spending as a way to stimulate the economy. But the arguments he marshals are surprisingly weak.

Here’s the crux of his argument :

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  Tuesday, 14 Sep 2010 | 12:11 PM ET

Steve Jobs: Ninja?

Posted By: John Carney

So Steve Jobs was stopped by Japanese officials at a Osaka airport for having ninja throwing stars in his bag.

No. Really.

» Read More
  Tuesday, 14 Sep 2010 | 11:04 AM ET

Who Is Michael Lewis Mocking In His Hedge Fund Letter Satire?

Posted By: John Carney

A lot of hedge fund managers—including, most recently, Third Point’s Dan Loeb— have taken to criticizing the Obama administration in recent investor letters. Today Michael Lewis does a splendid job mocking these outbursts with satire .

»Read more
  Tuesday, 14 Sep 2010 | 8:38 AM ET

Will Tuesday's Data Crush The September Rally?

Posted By: Cadie Thompson

Today's retail sales numbers and the NFIB small business survey could weigh heavy on the markets and put an end to what has been somewhat of a suprise rally in September.

CNBC's Patti Domm discusses what the data could mean for the markets in her blogMarket Insider . » Read More at CNBC.com

»Read more
  Tuesday, 14 Sep 2010 | 8:09 AM ET

86% of Investors Don't Trust The Market

Posted By: John Carney

AIG Plots End to U.S. Aid (Wall Street Journal) But first US ownership of AIG's common stock will increase all the way up to 90%. Then, over a period of years, it will (fingers crosssed guys!) be gradually sold off.

»Read more
  Monday, 13 Sep 2010 | 5:56 PM ET

White House Considers Naming Warren 'Interim' CFPB Head

Posted By: John Carney
  Monday, 13 Sep 2010 | 5:38 PM ET

The Dirty Little Secret Of Basel III

Posted By: John Carney

While the Basel III rules for bank capital significantly raise the amount of capital banks will be required to hold, the new rules do nothing to address a little known problem that was at the very heart of the financial crisis.

To begin, the big banks and securities firms that failed during the financial crisis had capital buffers even higher than those that will be required by Basel III.

“The five largest US financial institutions subject to Basel capital rules that either failed or were forced into government-assisted mergers in 2008 — Bear Stearns, Washington Mutual, Lehman Brothers, Wachovia and Merrill Lynch — had regulatory capital ratios ranging from 12.3 per cent to 16.1 per cent as of their last quarterly disclosures before they were effectively shut down,” Andrew Kuritzkes and Hal Scott have explained.

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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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