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Finance NetNet


  Monday, 4 Apr 2011 | 9:34 AM ET

Munis: The Stench of Risk or of Opportunity?

Posted By: John Carney
Simon Willms | Stone | Getty Images

The market for municipal bonds has been in distress since late last year. Investors have been selling bonds, states and cities have been declining to issue bonds, bond funds have seen massive exits of capital, and a lively debate has arisen about the likelihood of sizable bond defaults.

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  Monday, 4 Apr 2011 | 9:00 AM ET

President Barack Obama Is Seeking Re-Election

Posted By: Julia La Roche
  Friday, 1 Apr 2011 | 4:49 PM ET

Market Valuation: Snooki vs. Toni

Posted By: Lori Spechler
Nicole Polizzi
Photo by: University Unions Technology and Design
Nicole Polizzi

If the market decides value then Nicole "Snooki" Polizzi, queen of the hot tub is more valuable than than the great American novelist, Toni Morrison.

For those of you that don't live on the internet, here is the defining story of the day —Nicole "Snooki" Polizzi will be paid more than Toni Morrison for an appearance at Rutgers University in New Jersey.

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  Friday, 1 Apr 2011 | 3:52 PM ET

Flashback 10 Years Ago Today: The Infamous Story Of Lee Munson

Posted By: Katya Wachtel, Business Insider
Lee Munson
Lee Munson

10 years ago today, the New York Observer published a story about a 25-year old who moved from California to Manhattan and became a stockbroker.

He was "a tall, lanky, swaggering 25-year-old who... work[ed] at a top brokerage house in midtown, [wore] a lot of Prada and Gucci, [drove] a BMW and [was] married to an attractive 27-year-old woman who works in the art world."

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  Friday, 1 Apr 2011 | 3:36 PM ET

This Is the Most Important Document Released by the Fed

Posted By: John Carney
Getty Images

The Fed never wanted to release the information about the discount window borrowers. So when the federal courts forced the release, the Fed through a temper tantrum.

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  Friday, 1 Apr 2011 | 2:19 PM ET

Kraft Foods FIghts Food Inflation With Smaller Servings

Posted By: Lori Spechler

Kraft Foods CEO Irene Rosenfeld says she is closely watching the rise in commodities prices.

We're exposed there in most of our categories, she said. The company, she says has been focused on investing in its franchises to cut costs and improve margins. Part of that process has been introducing smaller packages, smaller serving sizes and lowering costs across the chain.

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  Friday, 1 Apr 2011 | 1:18 PM ET

Refueling Price Hikes... Caddy Up!

Posted By: Stephanie Landsman

The expenses are adding up for consumers at the gas pumps —with average unleaded fuel prices bubbling around $3.50 a gallon. Those prices are expected to go higher with crude oil climbing this week to 2008 levels.

The impact is expanding way beyond the gas stations— where higher commodity prices have been most visible.

If you go to the mechanic, open up the cupboards or just need some new golf equipment… there’s a greater chance you’re opening up your wallet wider this year.

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  Friday, 1 Apr 2011 | 1:10 PM ET

Does Silicon Valley Have an Insider Trading Problem?

Posted By: John Carney

Don’t be surprised if people connected with some of the hottest new tech companies find themselves hauled into court on insider trading charges.

Many in Silicon Valley apparently believe that insider trading rules don’t apply to buying or selling stakes in non-public companies like Twitter and Facebook.

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  Friday, 1 Apr 2011 | 11:51 AM ET

Wikileaks Can Dance!

Posted By: Cadie Thompson

It's Friday, here's a treat.

»Read more
  Friday, 1 Apr 2011 | 11:41 AM ET

Facebook Fired Employee for Insider Trading Ahead of Goldman Deal

Posted By: John Carney
Mark Zuckerberg
Getty Images
Mark Zuckerberg

Facebook fired a corporate development manager for buying Facebook shares in a private market transaction prior to the announcement of Goldman Sachs' investment in the company, according to the website TechCrunch .

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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.


Wall Street

  • Federal Reserve Bank Board Chair Janet Yellen.

    Market conditions and stabilizing economic data could lead the Federal Reserve to raise interest rates in October, David Lebovitz said.

  • Job seekers attend a Job Fair Giant career fair in Sterling Heights, Michigan, Sept. 30, 2015

    Stocks sank and investors ran to Treasurys after a disappointing jobs report pushed off expectations for a Fed rate hike into 2016.

  • Job seekers wait in line to enter the Choice Career Fair in San Antonio, Texas.

    The economy created 142,000 jobs in September, a number that whiffed on expectations and could cool expectations that the Fed will start raising rates.