Finance NetNet


  Thursday, 14 Apr 2011 | 9:24 AM ET

'Bankers Running Rings Around Regulators'

Posted By: Julia La Roche

'Bankers Running Rings Around Regulators' ['s Patrick Allen]

Senator Levin blasts Goldman Sachs saying the bank 'Misled Congress After Duping Clients' [Bloomberg]

'Senate Report Lays Bare Mortgage Mess' [WSJ] "Some call the concept of owning a home the American dream. Wall Street bankers called is something different: 'Pigs.' 'Crap.' A 'white elephant, flying pig and unicorn'."

Jobless claims rise unexpectedly [ via Reuters]

Massive recall of more than a million Ford F-150 trucks.

»Read more
  Wednesday, 13 Apr 2011 | 5:01 PM ET

From the Poppyfields of Mexico to the Mortgage Deals of Bear Stearns

Posted By: John Carney
  Wednesday, 13 Apr 2011 | 3:07 PM ET

Here's the REAL Reason People Like Peter Thiel Say You Shouldn't Go to College

Posted By: Joe Weisenthal, Business Insider
Image Source | Getty Images

Our colleague Pascal-Emmanuel Gobry has been chronicling the latest comments from investor and entrepreneur Peter Thiel, who has described college spending as a gigantic bubble, and who is of the belief that a lot of people who currently go to college actually shouldn't waste the time.

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  Wednesday, 13 Apr 2011 | 1:55 PM ET

Spam Scammmers Now Turn to Middle East Turmoil

Posted By: John Carney

These guys are always innovative.

» Read More
  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.

» Read More
  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 [ 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 [ via Reuters]

Frustrated Millionaires Demanding Higher Taxes [ABCNews]

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

»Read more

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