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Finance NetNet


  Wednesday, 13 Apr 2011 | 12:51 PM ET

Socially Responsible Investor Coalition to BP: Your Annual Report Is Incomplete

Posted By: Lori Ann LaRocco

Less than a week before the one year anniversary of the BP Deepwater Horizon disaster, the oil giant will be holding its annual meeting. The MMA Praxis Mutual Funds, a "socially responsible" investor group that owns shares of BP, is advocating that shareholders abstain or vote against the company's annual report and directors who are members of BP's Safety, Ethics and Environmental Assurance Committee.

I caught up with Mark Regier director of stewardship investing at MMA Praxis Mutual funds, ahead of this meeting.

» Read More
  Wednesday, 13 Apr 2011 | 11:52 AM ET

Woman Who Complains She Is Too Hot for Finance Gets Advice

Posted By: Cadie Thompson
Jutta Klee | Getty Images

Remember the girl who believed she wastoo hot for finance and sought advice from the Financial Times columnist Lucy Kellaway on how to deal with her good looks in the workplace?

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  Wednesday, 13 Apr 2011 | 11:01 AM ET

GE Hoaxed by Billionaire for Bush Guy

Posted By: John Carney

As it turns out, General Electric is not returning a tax refund to the U.S. government.

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  Wednesday, 13 Apr 2011 | 10:39 AM ET

JPMorgan's Earnings Point to a Double Dip

Posted By: John Carney
Getty Images

While JPMorgan Chase appears to have had a good first quarter, its earnings show evidence that a massive credit contraction is underway.

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  Wednesday, 13 Apr 2011 | 9:49 AM ET

Blind Item: Name the "Prominent Hedge Fund" With Close Ties to the Mubarak Family

Posted By: Courtney Comstock, Business Insider
Egyptian President Hosni Mubarak
Getty Images
Egyptian President Hosni Mubarak

Yesterday it was reported that Hosni Mubarak had a heart attack before he was scheduled to be questioned by prosecutors investigating the many allegations against him.

An article in Zim Daily has a new piece of information about the line of questioning.

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  Wednesday, 13 Apr 2011 | 9:25 AM ET

Frustrated Millionaires Demanding Higher Taxes

Posted By: Julia La Roche

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:

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  Tuesday, 12 Apr 2011 | 3:37 PM ET

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

Posted By: Jeff Cox
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.

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  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

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 \(dramatic reenactment can be heard here \):

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