SAC Capital: When The Feds Came Knocking
Early on Friday March 29, federal agents arrested the portfolio manager of SAC, the largest hedge fund in the country. Will SAC Capital founder Steve Cohen, who just enjoyed a week of retail therapy which saw him snap up mansions and Picassos, be next to see the Feds come knocking? Here’s a timeline of events that have put SAC Capital at the center of an insider trading scandal.

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Inside the World's Largest High Rise Data Center
A new 1 million square foot high-rise data center in an old Verizon switching building at 375 Pearl Street opened this week. Here is a view of some of its features -- in pictures.

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6 Most Memorable SEC Chiefs
As critics debate whether President Obama's nominee for the SEC, Mary Jo White, is the right choice, we take a look at some of the past’s most memorable heads of the agency.

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Lloyds Lacking Risk Controls? Weisel's Armstrong Ties Questioned, and More News of the Week
Lloyds Bank, following a few systems failures in 2012, is facing accusations from a former executive that risk controls are lacking, while Thomas Weisel is under scrutiny for ties to Lance Armstrong, HSBC can't get away from its money laundering settlement and "genius" trader risk top this weeks chatter in the press and on Twitter.

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Wall Street's Funniest Responses to the Fiscal Cliff Debacle
Thank goodness the Fiscal Cliff is behind us. Congress only had to bypass the "deadline" and go into overtime to get a deal done, keeping investors and the markets on edge the entire time. Here are some of the amusing quotes and Tweets that came across the wire as the Fiscal Cliff "negotiations" finally produced an agreement.

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Wall Street & Technology’s Top 5 Galleries of 2012
It’s been quite a year for the financial services industry, which was hit by multi-million dollar hack attacks as well as spectacularly disastrous technology failures. We took a look at the most costly industry mishaps in our top galleries of 2012, while also shining the spotlight on some of the biggest mistakes CIOs make. But there is light at the end of the tunnel for chief technology officers: our recent salary survey showed that IT skills remain in short supply on Wall Street. So for those looking to recruit new talent -- or join the industry -- we took a look at Wall Street’s top technology schools.

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Wall Street & Technology’s Top 5 Stories of 2012
Financial firms may have been laying off employees by the thousands, but it’s certainly not all gloom and doom for technologists. Specialized IT skills are still in high demand on Wall Street, and earlier this year, we gave you the low-down on how to get an elite IT education. If you’re a Wall Street manager, we also gave you some tips on how to manage Millennials to make sure you connect with them, retain them and make the most of their talent – while also ensuring you take a good look at your IT spending. As one of our experts points out, hopefully we will also remember 2012 as the year that business leaders, policymakers and the world at large began to embrace the new realities of a technology-driven economy.

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A Look Ahead to the Capital Markets in 2013
The Eurozone crisis is far from over, the fiscal cliff is top of the headlines and industry revenues continue to decline. Adding to their collective headache, financial organizations are dealing with flat IT budgets while striving to innovate in today’s ultra-competitive market. But there are a host of bright spots in the financial technology world. Here is a look at Wall Street & Technology’s take on the key issues that will shape the industry in 2013.

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Happy Holidays: Get Your Drink On -- Wall Street Style!
Now that company holiday parties are coming back in style, here's one of the more creative drink menus. Each year Cognito, the PR and marketing agency that specializes in financial services and technology, holds a holiday party with a specialized set of financial services drinks. This year's menu reminds us of some of the year's most notable events, including Knight Capital's trading glitch, Rajat Gupta's insider trading trial and the Libor rate-fixing scandal. Bottoms Up!

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7 Wall Street Institutions Slammed By Hurricane Sandy
As Hurricane Sandy battered the North East leaving a trail of death and destruction in New York and New Jersey, Wall Street banks suffered varying degrees of damage. We take a look at seven financial institutions that were slammed by Sandy.

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HFT Players Struggle to Survive
High-frequency trading shops are having a difficult time in the current marketplace, as trading volumes remain extremely low. This week, Eladian closed its doors due to the weak market. Who will be next?

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It's Time to Get Serious About Software Testing, Says SEC Roundtable
Commentators observing the SEC markets technology roundtable held in Washington DC this week say the roundtable participants didn't get specific enough when it came to software testing and that the industry should look at how other industries, including aerospace, test and validate products before putting them to market.

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Sallie Weeps Blood, Greg Smith Cashes In, Breaking Up the Banks and More
Sallie Krawcheck gave what is likely the most graphic description of big bank complexity, while Goldman Sachs prepares for ex-employee Greg Smith's supposedly tell-all book. Here what people are saying about these newsmakers, breaking up the big banks and the euro's continued troubles in this week's top quotes.

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No Trust in the 'Futures,' Morgan Stanley Plays Mr. Fix It, Technology Bugs and More Quotes of the Week
Morgan Stanley officials vowed this week to fix the technology systems for the company's brokerage sales force, while the Peregrine and MF Global debacles have industry leaders losing faith in the futures industry. Plus, JPMorgan's new chief investment officer hopes for a return to a sense of normalcy at the firm after its own debacle.

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7 Most Striking Reasons Only 2% of Pro Investors Trust The Market
Only 2 percent of capital markets industry professionals say they really trust market structure, according to a new survey from TABB Group. Here's how the Twittersphere explains it.

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Is Jon Corzine Starting a Hedge Fund? And More Speculation from Wall Street
Jon Corzine is back in the news and the fallout from Knight Capital's software problems continues, while Goldman Sachs avoids charges. These are just a few of the topics industry observers are discussing this week.

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