GO
Loading...

Enter multiple symbols separated by commas

Finance NetNet

More

  Monday, 11 Apr 2011 | 9:12 AM ET

Madoff Finds 'Love' Behind Bars, Wants to Teach Business Ethics

Posted By: Julia La Roche
  Monday, 11 Apr 2011 | 9:10 AM ET

Waking up With Nicole Lapin

Posted By: Nicole Lapin
lapin_waking_up_200.jpg

If I can figure out how to tie a tie this Monday morning, you, too, can get out of bed \(hopefully without finding a spider in your bathroom the size of a Buick\) and start the glorious week of earnings we have before us.

» Read More
  Friday, 8 Apr 2011 | 4:31 PM ET

Federal Government Careens Toward Shutdown

Posted By: Ash Bennington
  Friday, 8 Apr 2011 | 4:25 PM ET

Madoff Points Finger Of Blame At Banks

Posted By: Ash Bennington
Bernie Madoff
Getty Images
Bernie Madoff

, Bernie Madoff explained how—and why—he defrauded his investors out of billions of dollars. His account certainly sounds credible—but one doesn't perpetrate the largest Ponzi scheme in recorded history without the capacity to make dubious information sound legitimate.

Aside from the fascinating psychological insights one may \(or may not\) take away about the man himself, the most striking part of the interview is Madoff's continued insistence of major banks complicity in his fraud.

» Read More
  Friday, 8 Apr 2011 | 3:15 PM ET

Small Businesses Support Shutdown

Posted By: John Carney
Open sign in window
Siri Stafford | Digital Vision | Getty Images
Open sign in window

Many small business owners support a government shutdown and believe that it will have little effect on them, according to a new study.

The study from Pepperdine University’s Graziadio School of Business and Management reports that 48 percent of small private business owners and those who lend to small businesses said they supported a government shutdown. Thirty-nine percent said they opposed a shutdown.

» Read More
  Friday, 8 Apr 2011 | 2:02 PM ET

Antitrust Regulators Will Keep Working During a Shutdown

Posted By: John Carney
man_working_in_dark_200.jpg
Comstock Images | Getty Images

Federal officials charged with reviewing mergers under antitrust laws will keep working during a government shutdown.

» Read More
  Friday, 8 Apr 2011 | 1:27 PM ET

The SEC’s Government Shutdown Plan

Posted By: John Carney
The U.S. Securities and Exchange Commission seal hangs on the facade of its building in Washington, DC.
Getty Images
The U.S. Securities and Exchange Commission seal hangs on the facade of its building in Washington, DC.

The Securities and Exchange Commission will be operating with only a tiny fraction of its staff if the government shuts down over a budget impasse.

» Read More
  Friday, 8 Apr 2011 | 12:27 PM ET

Muni Fears and the Government Shutdown

Posted By: John Carney
US Capitol Building with cash
US Capitol Building with cash

The looming federal government shutdown should worry muni investors.

Many investors in municipal bonds take comfort in the fact that it simply doesn't make sense for many bond issuers to default. It is far wiser, in most cases, for a city or a state to continue making timely payment on debt—even if it means cutting services or raising taxes—than to default.

» Read More
  Friday, 8 Apr 2011 | 11:10 AM ET

Liquidity Versus Solvency—Deconstructed for TwentySomethings—Part II

Posted By: Ash Bennington
final_notice.jpg
AP

Last November, the economist Nouriel Roubini Tweeted: "Greece & Ireland are solvency not liquidity."

Roubini seemed to be making the case—with ruthless brevity—that the looming crisis was more serious than many European government officials wanted to admit. And that things were about to get worse.

» Read More
  Friday, 8 Apr 2011 | 10:29 AM ET

Uh-Oh! Muni Salesman Are Fighting 'Gloom'

Posted By: John Carney
american_flag_snow_200.jpg
Photo by: John Carney

Is there anything scarier than salesmen who start claiming that attention to the flaws in their products is nothing but "spin?"

The Wall Street Journal is reporting that the muni business is "fighting back" after 21 weeks of consecutive investor outflows. The problem, as they see it, is not with their products. It's with the people who they are trying to sell their products to. Those investor types are just too damned gullible, believing the likes of that Meredith Whitney woman and others who say that many munis are at risk of defaulting.

» 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.

 

Wall Street