Blog


Multi-Million Dollar Severances Still Make It Worth It For Wall Street Execs To Get Fired
September 30, 2011 @ 10:14 AM | By Melanie Rodier

It certainly looks like it was worth it for executives from Bank of New York Mellon, HP and Yahoo.

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Jobs Grow, But Fed Is Still Down In The Dumps
September 29, 2011 @ 12:57 PM | By Melanie Rodier

The recession was officially over in June 2009, but the Fed isn't painting a rosy picture.

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Severe Blow For Madoff Trustee Attempting To Recover Billions For Victims
September 29, 2011 @ 12:20 PM | By Melanie Rodier

Federal Judge Rakoff is turning into Irving Picard's arch nemesis.

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Here Are The Website Features Brokerages Really Need to Focus On
September 28, 2011 @ 13:08 PM | By Melanie Rodier

Brokerages still need to work hard to improve their websites, according to a new survey by Corporate Insight.

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Big Data: The Next New Thing?
September 28, 2011 @ 11:10 AM | By Ivy Schmerken

Venture capitalists are investing in "Big Data" companies with analytic platforms, but hasn't Wall Street been doing this for 20 years?

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Analysts Deny That IT Spending Predictions Are Just A Shot In The Dark
September 27, 2011 @ 12:27 PM | By Melanie Rodier

IT spending predictions range from $90 billion to $400 billion, but analysts argue that there is method to the madness.

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Resignation of UBS Chief Quite A Turnaround
September 26, 2011 @ 11:55 AM | By Melanie Rodier

The resignation marked a striking fall for Gruebel, a former chief executive at Credit Suisse where he was known as "Saint Ossie".

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UBS Scandal Polarizes Opinions On What Went Wrong
September 21, 2011 @ 06:38 AM | By Melanie Rodier

UBS is still giving out only a trickle of information about what actually might have happened.

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Does Insider Trading Warrant A 24-Year Prison Sentence?
September 20, 2011 @ 12:07 PM | By Melanie Rodier

Next week a judge will be handing down a sentence to Raj Rajaratnam, former head of the Galleon Group.

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UBS's $2 Bln Rogue Trader Loss Shines Embarrassing Spotlight On Risk Controls
September 15, 2011 @ 12:33 PM | By Melanie Rodier

A US$2 billion miss in equities trading is inexcusable.

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Who Has The Best Tech Department On Wall Street?
September 15, 2011 @ 11:34 AM | By Melanie Rodier

Wall Street professionals who voted said they particularly admire firms who have been able to navigate troubled markets while continuing to push forward an innovative technology agenda and "get things done".

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Hackathons Move to the Mainstream
September 14, 2011 @ 10:48 AM | By Greg MacSweeney

In a sign that hackathons may be here to stay, even the federal government has gotten in on the hacking conference business.

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A Decade of Destruction and Rebirth
September 09, 2011 @ 10:00 AM | By Larry Tabb

The past decade has been tough, but we need to be optimistic and view it for the success it has brought and the opportunity it will bring.

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Wall Street Post- 9/11: The Financial Crisis Strikes Where Terrorists Failed
September 08, 2011 @ 11:36 AM | By Melanie Rodier

Still, some economists see a connection between 9/11 and the financial crisis which struck the U.S. in 2008.

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August Jobs Shock Raises New Double-Dip Fears
September 02, 2011 @ 10:20 AM | By Melanie Rodier

The American economy added absolutely no new jobs in August for the first time in a year.

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Crisis, Lag, Rebound -- Our Economic Cycle
September 01, 2011 @ 08:50 AM | By Greg MacSweeney

The recovery that followed the financial crisis and subsequent recession that began in 2008 barely had taken hold before the European debt crisis and the political train wreck over the U.S. debt ceiling derailed any hope for a widespread recovery.

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