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  Tuesday, 8 Mar 2011 | 3:42 PM ET

Six Reasons Why Raj Rajaratnam Could Be Going Down

Posted By: Jeff Cox
Raj Rajaratnam
cnbc.com
Raj Rajaratnam

In Wall Street terms, the trial of Raj Rajaratnam is like Wyatt Earp and Doc Holliday against Johnny Ringo and the Clanton Gang, staging what could be the final showdown at the financial markets’ version of Tombstone.

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  Tuesday, 8 Mar 2011 | 3:04 PM ET

KKR Just Tapped This Goldman Prop Trading Superstar to Run Its Real Estate Business

Posted By: Katya Wachtel, Business Insider
Ralph Rosenberg
Source: Brown University
Ralph Rosenberg

Ralph Rosenberg, ex-Goldman Sachs and Eton Park partner has just been made the chief of global real-estate investing at KKR.

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  Tuesday, 8 Mar 2011 | 2:26 PM ET

Rajat Gupta: Caught on Tape

Posted By: John Carney
Rajat Gupta
Umesh Goswami | The India Today Group | Getty Images
Rajat Gupta

It’s almost certain that the government recorded conversations between Rajat Gupta and Raj Rajaratnam.

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  Tuesday, 8 Mar 2011 | 1:48 PM ET

Thank God Airlines Are Getting Rid of Free Pretzels

Posted By: Ash Bennington
pretzels_200.jpg
Fuse | Getty Images

Pretzels are the latest symbol of failure for the airline industry.

Continental Airlines has eliminated its distribution of free pretzels to coach class customers during domestic flights. When an airline stops giving away salty snacks some see harbingers of doom. For example, the New York Times writes :

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  Tuesday, 8 Mar 2011 | 1:06 PM ET

Why the SEC Is Bringing an Administrative Action Against Rajat Gupta

Posted By: John Carney
Rajat Gupta
Umesh Goswami | The India Today Group | Getty Images
Rajat Gupta

Apparently, there’s a lot of confusion about why the SEC chose to bring the action against alleged insider trader Rajat Gupta as an administrative procedure rather than a civil or criminal trial in federal court.

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  Tuesday, 8 Mar 2011 | 11:38 AM ET

War Machine Watch: John Kerry Pushes Obama to Bomb Libya

Posted By: John Carney
President Barack Obama
Photo by: Pete Souza
President Barack Obama

War fever is growing ever hotter with each passing day.

Criticism of president Obama's resistance to committing the United States to a war to erect a No Fly Zone over Libya is heard from both sides of the aisle.

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  Tuesday, 8 Mar 2011 | 10:38 AM ET

Goldman Sachs' Victory Lap

Posted By: Ash Bennington
The Goldman Sachs booth on the floor of the New York Stock Exchange
Getty Images
The Goldman Sachs booth on the floor of the New York Stock Exchange

Prepare for a victory lap at 200 West Street: Goldman Sachs has rejoined the ranks of respectability.

Bloomberg reports : "The Bank of England’s appointment of Goldman Sachs Group Inc. Senior European Economist Ben Broadbent to its Monetary Policy Committee shows governments are again looking to the firm for top decision makers, less than a year after it settled U.S. fraud claims."

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  Tuesday, 8 Mar 2011 | 10:02 AM ET

What the Tapes Mean for the Insider Trading Case Against Rajat Gupta

Posted By: John Carney
Rajat Gupta
Eric Piermont | AFP | Getty Images
Rajat Gupta

Accused insider trader Rajat Gupta resigned yesterday from the boards of directors of AMR Corporation and its subsidiary, American Airlines , Inc.

But the loss of yet another board seat—Rajat was also on the boards of Goldman Sachs and Procter & Gamble before the SEC began investigating his connections to Galleon hedge fund founder Raj Rajaratnam’s alleged insider trading—is hardly the worst of Gupta’s worries.

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  Tuesday, 8 Mar 2011 | 9:47 AM ET

Shadowboxing the Banking Apocalypse

Posted By: Ash Bennington
Wall Street sign
Paul Giamou | Aurora | Getty Images
Wall Street sign

The battle has been joined—and the belligerents have hewn to precisely the war plan one would expect of each.

Francesco Guerrera foreshadows a great deal of the looming hostilities between banks and the shadow banking system in his aptly named article "Monsters that lurk in the shadows of Wall St," which appears in today's Financial Times .

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  Tuesday, 8 Mar 2011 | 8:40 AM ET

Banks Ripping of Customers Doesn't Result in Big Gains for Shareholders

Posted By: Julia La Roche

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