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  Wednesday, 13 Apr 2011 | 9:25 AM ET

Frustrated Millionaires Demanding Higher Taxes

Posted By: Julia La Roche
NN_morning_call_200.jpg

Bernanke Apparently Tells Republicans to "Deal With" Debt [Bloomberg]

JPMorgan Profit Up 67%; Sees Dividend Hike [CNBC.com via Reuters]

"Mortgage Mess Weighs of JPMorgan Chase" [CNNMoney via Fortune]

Uh-oh! Better hurry it up, Mr. Gorman. Shareholders are becoming impatient over recovery at Morgan Stanley [NYTimes DealBook]

Retail sales rise slightly less than expected [CNBC.com via Reuters]

Frustrated Millionaires Demanding Higher Taxes [ABCNews]

"Tax the rich! OK, but then what, Mr. President?' [CNNMoney]

»Read more
  Tuesday, 12 Apr 2011 | 4:51 PM ET

Facebook Drama, Strippers Invade Business Classrooms and Goldman Sends Traders Into a Panic

Posted By: Cadie Thompson
  Tuesday, 12 Apr 2011 | 4:23 PM ET

Don't Scare Me Like That, Mark Mobius

Posted By: Nicole Lapin
Markl Mobius, Executive Chairman of Templeton Emerging Markets
Ron Mcmillan | Getty Images North America | Getty Images
Markl Mobius, Executive Chairman of Templeton Emerging Markets

This morning, I asked my guest host, Mark Mobius, what he sees happening once the Fed steps away in June. Here's what he said:

» Read More
  Tuesday, 12 Apr 2011 | 3:37 PM ET

Inflation Not a Threat? Most Consumers Aren't So Sure

Posted By: Jeff Cox
supermarket_shopper_cart_200.jpg
Getty Images

In the growing debate over inflation, most consumers are going with what their wallets are telling them.

Despite assurances from prominent Federal Reserve officials and some economists that inflation poses little threat, about three-fourths of respondents in a recent survey believe prices are headed higher over the long term.

» Read More
  Tuesday, 12 Apr 2011 | 3:34 PM ET

Ex-SAC Capital Trader Who Destroyed His Flash Drive With Two Pairs of Pliers Request Insider Trading Case Be Thrown Out Due to Lack Of Evidence

Posted By: Bess Levin, DealBreaker
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Remember Donald Longueuil? He’s the former SAC Capital trader who was accused of insider trading back in February. The feds were able to bring charges against Donny thanks to his ex-best friend, Noah “Judas” Freeman, who also worked at SAC for a time \(and took part in the alleged ill-gotten gains made off of tips from expert network analyst Winifred Jiau\) and agreed to record conversations with Don in exchange for a lesser sentence and permission to go to Puerto Rico with his wife. As a refresher, here’s what they’ve got Donald on tape saying re: his USB flash drive \(dramatic reenactment can be heard here \):

» Read More
  Tuesday, 12 Apr 2011 | 1:40 PM ET

Goldman Call to Sell Oil Sets Up Buying Opportunity: Traders

Posted By: Jeff Cox

If investors follow Goldman Sachs's advice and cash out of oil , it likely will be only a short-term trade that sets the stage for another buying opportunity.

A commodities trader at the New York Mercantile Exchange.
Photo: Oliver Quillia for CNBC.com
A commodities trader at the New York Mercantile Exchange.

That at least is the view from the trading pits, where the Goldman call Monday was greeted with a level of skepticism, even if it’s short-term ramifications saw an appreciable dip in the energy trade—and, in fact, across the commodity spectrum—on Tuesday.

» Read More
  Tuesday, 12 Apr 2011 | 11:50 AM ET

Did The Winklevoss's Win Against Facebook?

Posted By: John Carney
Cameron and Tyler Winklevoss
Getty Images
Cameron and Tyler Winklevoss

Tyler and Cameron Winklevoss, the towering Olympic rowers and identical twins who you remember from The Social Network movie as the guys who gave Mark Zuckerberg the idea for Facebook, had their case against Zuckerberg thrown out of court yesterday.

The smartest judge on the Ninth Circuit court of appeals, judge Alex Kozinski, delivered a highly technical and devastating opinion that concluded with these words :

» Read More
  Tuesday, 12 Apr 2011 | 10:48 AM ET

The Guy Who Says He Owns 50% of Facebook Just Filed a Boatload of New Evidence—And It's Breathtaking

Posted By: Henry Blodget, Business Insider
Facebook founder and CEO Mark Zuckerberg
Getty Images
Facebook founder and CEO Mark Zuckerberg

Remember Paul Ceglia?

He's the fellow in upstate New York who sued Mark Zuckerberg last July , claiming that, way back in 2003, Zuckerberg had agreed to give him a 50% ownership in the project that became Facebook.

That claim seemed preposterous at the time, not least because Ceglia had waited 7 years to file it.

And there was also the fact that Ceglia was a convicted felon, having been charged with criminal fraud in connection with a wood-pellet company he operated .

» Read More
  Tuesday, 12 Apr 2011 | 10:05 AM ET

Who Is Running Bank of America?

Posted By: John Carney
Bank of America flag
Getty Images
Bank of America flag

The news that two of Bank of America's top accounting executives were not consulted before the bank disclosed that a proposed dividend increase had been rejected by regulators is a devastating indictment of the bank's internal controls.

» Read More
  Tuesday, 12 Apr 2011 | 9:25 AM ET

'BofA Kept Executives in Dark on Dividend'

Posted By: Julia La Roche

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