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House Financial Services Committee Chairman Rep. Barney Frank (D-Mass.), who has spearheaded the effort, is ironing out final changes to the bill, titled the “Wall Street Reform and Consumer Protection Act of 2009.” One of the most closely watched... Full Article at The Hill
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It’s beginning to look like a merrier Christmas for North Jersey’s luxury retailers this year. Retailers who sell diamonds, furs and high-fashion apparel say North Jersey’s affluent customers are starting to spend again. Full Article at NorthJersey.com
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About 60 million adults do their banking at places other than banks, according to a new survey by the Federal Deposit Insurance Corporation. Full Article at Huffington Post
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NEW YORK (Reuters) - If the bulls have their way, Wall Street's rally will keep going this week on signs of stability in the labor market. Full Article at ABC News
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By Rick Carew HONG KONG—The financial crisis taught most of the investing world a lesson about managing risk. Full Article at Wall Street Journal
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The headline may sound ludicrous, but I'm serious. We've learned all our lives that "smart" equals "rich." Think back to the person in your high school designated "Most Likely to Succeed." Full Article at Motley Fool
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The Wall Street journal has an excellent profile of Terrance Watanabe, of whom, if you looked up "whale" in the dictionary, you'd find a picture. Full Article at The Business Insider
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WASHINGTON -- As the House begins debating a broad financial regulatory overhaul this week to prevent future meltdowns on Wall Street, Rep. Jim Himes, D-Conn. , is uniquely positioned to vet the initiative. Full Article at The Stamford Advocate
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WASHINGTON U.S. Rep. Steve Kagen says it's time for Wall Street to repay Americans whose tax dollars were used to bolster a financial industry on the verge of collapse. Full Article at The Appleton Post-Crescent
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So a line has been drawn – if not in the sand then somewhere between Wall Street and Main Street, between our Washington and their Washington, between it’s too big to fail and it’s too hard to survive. Full Article at TheNewsTribune.com
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Like most investment pros, Jim Russell of U.S. Bank's wealth management operation was caught a bit off guard by a surprising dip to 10 percent in the nation's unemployment rate for November but only a little. Full Article at The Tennessean
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Jeffrey Zucker, NBC Universal's top executive, may have as few as nine months to prove himself to his new bosses at Comcast Corp. while the biggest U.S. cable operator seeks to win regulatory approval of its nearly $14 billion deal for a controlling... Full Article at The Tennessean
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Cut into a Sierra Nevada canyon defined by steep granite cliffs and tree-dotted peaks, Squaw Valley USA is one of the Lake Tahoe area's premier ski resorts, attracting more than a half-million to a million visitors each ski season. four and a half... Full Article at Monterey County Herald
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Lloyd Blankfein, the chief executive of Goldman Sachs Group Inc. , has finally acknowledged that his company "participated in things that were clearly wrong." Full Article at Los Angeles Times
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When event coordinators for Hart Energy Publishing began planning a Pittsburgh conference for natural gas producers, they reserved space in the Westin William Penn Hotel for the gathering. "We thought we'd be doing extremely well if we had 300 people," Full Article at Pittsburgh Post-Gazette
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They get on me and wanna know, Lauren, why do you mention health care? Lauren, why are you so liberal? Why must you live out what you write? Put yourself in my position. If I write all night long, it's a family tradition. Full Article at Pittsburgh Post-Gazette
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WASHINGTON -- The switchboards and e-mail inboxes of members of Congress are not seeing much of a surge from President Barack Obama's plan to send more U.S. troops into Afghanistan. Health care and Wall Street bailouts? Full Article at GoErie.com
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NEW YORK - Across Uganda, thousands of women warm supper over new $8 stoves. The clay-and-metal pots burn about two-thirds the charcoal of the open-fire cooking typical there. Full Article at Boston Globe
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WASHINGTON -- As the House begins debating a broad financial regulatory overhaul this week to prevent future meltdowns on Wall Street, Rep. Jim Himes, D-Conn. , is uniquely positioned to vet the initiative. Full Article at The Connecticut Post
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The US Bureau of Labor Statistics reported on Friday that unemployment in the country edged down from 10.2% to 10% in November, with fewer jobs lost in the previous two months than anticipated. Full Article at Wikinews
About Wall Street
Wikipedia
Wall Street is a street in lower Manhattan, New York City, USA. It runs east from Broadway downhill to South Street on the East River, through the historical center of the Financial District. Wall Street was the first permanent home of the New York Stock Exchange; over time Wall Street became the name of the surrounding geographic neighborhood. Full Article
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The Wall Street sign is seen in front of the New York Stock Exchange, October 8, 2009.
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NEW YORK - SEPTEMBER 24: New Zealand's Prime MInister John Key (C) arrives on Wall Street to ring the closing bell of the New York Stock Exchange Thursday, September 24, 2009, in New York City. Stocks fell today for the second straight day of trading.
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NEW YORK - SEPTEMBER 16: A businessman pauses on Wall Street on September 16, 2009 in New York, City. With further economic news indicating that the recession is easing, stocks rose Wednesday with the Dow up 70 points in afternoon trading.
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AP Photo
President Barack Obama sternly warned Wall Street against returning to the sort of reckless and unchecked behavior that threatened the nation with a second Great Depression, Monday, Sept. 14, 2009, during a speech at Federal Hall on Wall Street in New York.
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AP Photo
President Barack Obama sternly warned Wall Street against returning to the sort of reckless and unchecked behavior that threatened the nation with a second Great Depression, Monday, Sept. 14, 2009, during a speech at Federal Hall on Wall Street in New York.
View Photo » -
AP Photo
President Barack Obama sternly warned Wall Street against returning to the sort of reckless and unchecked behavior that threatened the nation with a second Great Depression, Monday, Sept. 14, 2009, during a speech at Federal Hall on Wall Street in New York.
View Photo » -
AP Photo
President Barack Obama sternly warned Wall Street, Monday, Sept. 14, 2009, against returning to the sort of reckless and unchecked behavior that threatened the nation with a second Great Depression, during a speech at Federal Hall on Wall Street in New York.
View Photo » -
AP Photo
President Barack Obama sternly warned Wall Street, Monday, Sept. 14, 2009, against returning to the sort of reckless and unchecked behavior that threatened the nation with a second Great Depression, during a speech at Federal Hall on Wall Street in New York.
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AP Photo
Wall Street news is displayed on the Dow Jones ticker Thursday, July 30, 2009, in New York's Times Square.
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AP Photo
The Wall Street sign hangs in front of the American flag on the facade of the New York Stock Exchange Thursday, July 23, 2009 in New York. Investors celebrated news of another jump in home sales by propelling the Dow Jones industrials to their first close above 9,000 since January.
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Disgraced Wall Street financier Bernard Madoff (C) arrives at a US Federal Court on March 12, 2009 in New York.
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Disgraced Wall Street financier Bernard Madoff (C) arrives at a US Federal Court on March 12, 2009 in New York.
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Getty Images
NEW YORK - JUNE 24: People walk along Wall St. outside of the New York Stock Exchange June 24, 2009 in New York City.
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NEW YORK - JUNE 24: People walk along Wall St. outside of the New York Stock Exchange June 24, 2009 in New York City.
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Reuters Pictures
A demonstrator holds a sign during a rally outside Wall Street in New York in this April 4, 2009 file photo. Wall Street may be losing its luster for new U.S. college graduates who are increasingly looking to the government for jobs that enrich their social conscience, if not their wallet.
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Getty Images
NEW YORK - JUNE 10: Job seekers and recruiters mingle during a Wall Street Pink Slip Party at City Winery June 10, 2009 in New York City.
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NEW YORK - JUNE 10: Job seekers and recruiters mingle during a Wall Street Pink Slip Party at City Winery June 10, 2009 in New York City.
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NEW YORK - JUNE 10: A job seeker holds her resume during a Wall Street Pink Slip Party at City Winery June 10, 2009 in New York City.
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NEW YORK - JUNE 10: A job seeker talks with a recruiter during a Wall Street Pink Slip Party at City Winery June 10, 2009 in New York City.
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NEW YORK - JUNE 10: A job seeker checks his cell phone during a Wall Street Pink Slip Party at City Winery June 10, 2009 in New York City.
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AP Photo
A homeless person sits under blankets at a Wall Street subway station Wednesday, May 20, 2009 in New York.
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AP Photo
Joseph Sorbara, former co-owner of Wall Street brokerage firm Joseph Stevens & Co. Inc. , is escorted to Manhattan Supreme Court on Wednesday, May 20, 2009 in New York.
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AP Photo
Steven Markowitz, former co-owner of Wall Street brokerage firm Joseph Stevens & Co. Inc. , is escorted to Manhattan Supreme Court on Wednesday, May 20, 2009 in New York.
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Getty Images
NEW YORK - MARCH 27: A magician performs on Wall Street outside the New York Stock Exchange March 27, 2009 in New York City. The Dow Jones Industrial Average finished down 148 points to close at 7,776.18.
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NEW YORK - MARCH 27: Alvin Freeman wears a 'We Buy Gold' sign on Wall Street near the New York Stock Exchange March 27, 2009 in New York City. The Dow Jones Industrial Average finished down 148 points to close at 7,776.18.
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Getty Images
NEW YORK - SEPTEMBER 24: New Zealand's Prime MInister John Key (C) arrives on Wall Street to ring the closing bell of the New York Stock Exchange Thursday, September 24, 2009, in New York City. Stocks fell today for the second straight day of trading.
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We rescued Wall Street, and now it's time for Wall Street to return the favor ... Wall Street must help to pay off our debts and generate the jobs we need to work our way back into prosperity.
– Steve Kagen SOURCE: The Appleton Post-Crescent -
Replacing Jeff Zucker would underscore to Wall Street that value creation is Comcast's top priority
SOURCE: The Tennessean -
Wall Street views Jeff Zucker as value destructive. He has many excuses but few value-creating results.
SOURCE: The Tennessean -
This is not an environment where anyone, including Wall Street, wants to have big Christmas parties ... I think that you will see a much more conservative tone across all the firms. Everyone is pretty sensitized to the fact that excessive consumption or excessive anything is not acceptable.
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then you’re going to see the EPA come in, you’ll see natural gas come in, you’re going to see Wall Street even farther more distant, funding for power plants, funding for coal operations are going to decline
SOURCE: Beckley Register-Herald -
The American taxpayers bailed out Wall Street during a crisis brought on by reckless speculation in the financial markets ... This legislation will force Wall Street to do their part and put people displaced by that crisis back to work.
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The American taxpayers bailed out Wall Street during a crisis brought on by reckless speculation in the financial markets ... This legislation will force Wall Street to do their part and put people displaced by that crisis back to work.
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At a time when Wall Street, after emerging from its struggles on the backs of taxpayers, is set to pay outrageous bonuses again, while unemployment remains uncomfortably high
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I'm trying to sum up President Obama's first 11 months in office. He gave billions to Wall Street, cracked down on illegal immigrants getting health care, and he's sending 30,000 more troops to Afghanistan. You know something, he may go down in history as our greatest Republican president ever.
SOURCE: Blue Mass. Group -
The individual Gekko would no longer exist in this new Wall Street - the big players now are major banks and hedge funds... the money's too big
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Today, carbon trading is increasingly dominated by some of the same Wall Street and City of London firms made notorious by their role in the financial crash
SOURCE: Energy Bulletin -
We need a shift in priorities in this country to ask not what America can do for Wall Street, but ask what Wall Street can do for America
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First-time claims for unemployment insurance dropped by 5,000 to a seasonally adjusted 457,000, the lowest total since the week of Sept. 6, 2008, the Labor Department said Thursday. Wall Street economists expected an increase, according to a survey by Thomson Reuters.
SOURCE: Political Animal -
We need a new Fed, we need a new Wall Street and we surely need a new chairman of the Fed, and my hope is that Mr. Obama will give us a new chairman of the Fed, and not Mr. Bernanke.
SOURCE: Voice of America -
Any time a son takes over a company, Wall Street is always skeptical, but the biggest, single turning point was the AT&T Broadband deal
SOURCE: Reuters -
Bank of America is once again making money, in large part through Wall Street businesses like trading stocks and bonds, rather than by making loans.
SOURCE: The New Republic -
Some proposals under consideration on Capitol Hill have exemptions for big Wall Street banks
– Gary Gensler SOURCE: MarketWatch -
Ask not what America can do for Wall Street, but what Wall Street can do for America
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The structure of the Federal Reserve ensures that our policymaking is informed not just by a Washington perspective, or a Wall Street perspective, but also a Main Street perspective.
SOURCE: Worcester Telegram & Gazette -
Bank of America's announcement that it will pay back the entire 45 billion dollars in TARP funds and an unexpected drop in weekly initial jobless claims are dominating the headlines, and supporting the early sentiment on Wall Street
SOURCE: Economic Times -
The American people want a new direction on Wall Street and at the Fed. They do not want as chairman someone who has been part of the problem and who has been responsible for many of the enormous difficulties that we are now experiencing ... It's time for a change at the Fed.
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The American people overwhelmingly voted last year for a change in our national priorities to put the interests of ordinary people ahead of the greed of Wall Street and the wealthy few ... What the American people did not bargain for was another four years for one of the key architects of the Bush econo...
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In this country, there is profound disgust at what happened on Wall Street
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The individual Gekko would no longer exist in this new Wall Street ... The big players now are major banks and hedge funds ... the money's too big.
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While we appreciate the need for the expansion of regulatory authority, we can no longer afford for our public policy to be defined by the world view of Wall Street
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