Bloomberg Spygate Lights Up TwitterMay 17, 2013News that Bloomberg allowed its reporters to access certain Bloomberg Terminal client data sent the Twitter world on fire. Then, news broke that Goldman Sachs and JPMorgan had contacted Bloomberg asking for an explanation, which fanned the flames. Here are some of the most interesting Tweets about the Bloomberg snooping scandal.
SAC Capital: When The Feds Came KnockingMarch 29, 2013Early 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 s
Goldman Sachs Fined $1.5 million for Trading GlitchDecember 07, 2012Goldman Sachs Group Inc
was fined $1.5 million to settle charges it failed to supervise
its traders and allowing one futures dealer to hide billions in
dollars from sight and causing a $118 million loss.
Wall Street Banks Still Reeling From Hurricane SandyOctober 31, 2012Two days after Hurricane Sandy wreaked havoc on the East Coast and killed 18 people in New York City, Wall Street banks and their CEOs are dealing with the damage. Here is a look at who has been affected.
Big Funds Seek to Rein in Pay at Wall Street BanksOctober 05, 2012As banking profits have declined much more than executive pay, mutual funds and pension plans are stepping up pressure for increased pay cuts and additional layoffs at many financial services firms.