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New York May Lose 165,000 Jobs on Financial Woes

New York City may lose as many as 165,000 jobs, including 35,000 in the financial industry, as the impact of the credit crisis spreads throughout the[...] read more »
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Is there a bonus bias on Wall Street?

Financial writer Shelby White posed an interesting question to the wise girls at wowOwow.com, and we wish to ask the same question to the smart and s[...] read more »
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How Michael Osinski Helped Build the Bomb That Blew Up Wall Street

It’s been eight years since I compiled a program, but the last one lived on, becoming the industry standard that seeded itself into every investment [...] read more »
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Prominent Trader Accused of Defrauding Clients

On Wall Street, his name is legendary. With money he had made as a lifeguard on the beaches of Long Island, he built a trading powerhouse that had pr[...] read more »
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The Financial Crisis Will Have a Lasting Impact on Bush’s Legacy

He is one of the most controversial figures in American life. And, as he approaches the end of his presidency, George W. Bush has finally joined the [...] read more »
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Finally: The Death of "Greed Is Good"

It's not all about the Benjamins anymore, baby. read more »
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Four really, really bad scenarios

James Rickards sees quite a few potentially jarring economic situations in America – he sees the Chinese ownership of vast amounts of American debt, [...] read more »
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Perks, then bailout at banks

$1.6 billion given in salaries, bonuses, benefits to top execs in 2007 at 116 banks that later got help... read more »
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Year-End Buyouts: Big Challenges for the Big Banks

Three major U.S. banking deals were completed last week, enabling the buyers to finalize their deals before 2008 came to a close. read more »
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The Associated Press: Wall Street points to flat open ahead of GDP data

Wall Street signaled a flat open Friday as investors awaited a key government report on how the economy fared in the final three months of 2008. read more »
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Wall Street Opens the Week Higher

U.S. stocks rose after shares in Europe and Asia were lifted by the latest government efforts to bolster economic growth. read more »
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