Wall Street bankers and traders, given hope by a market rebound in the first quarter, are now seeing earnings and paychecks threatened by turmoil in Greece in what is becoming an annual cycle. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and…
Tag Archive for Wall Street Firms
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New York City Budget Balanced With Help From Wall Street – Bloomberg
by Newswires • • 0 Comments
New York City balanced its $68.7 billion spending plan for fiscal 2013 with revenue from $7.3 billion in Wall Street firms’ first-quarter profits, state Comptroller Thomas DiNapoli said. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if…
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Wall Street’s (Other) Great Deleveraging – CNBC
by Newswires • • 0 Comments
Wall Street has good reason to be rattled by the news that Goldman Sachs laid off senior personnel, including managing directors, last week. It is likely the beginning of a new kind of deleveraging that will occur at every major Wall Street firm. Follow the money. Find the profits!Liquidity is money. Regardless of where in…
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Wall Street Pay Breaks Record…..
by a Wall Street Examiner • • 0 Comments
Things have never been better for the ‘wages of sin’….
Wall Street pay is rising, while income for normal Americans has stagnated.
Even as the real economy limped, financial firms paid employees a record sum last year, the Wall Street Journal re…
Bears Chat, Best of the Forums
Following the advice of equity analysts may be perilous for your profits.
by a Wall Street Examiner • • 0 Comments
Analysts Prove Perilous as Contrarian Stocks Rise 165%
By Matt Walcoff and Lynn Thomasson – Jan 10, 2011
Following the advice of equity analysts may be perilous for your profits.
Companies in the Standard & Poor’s 500 Index that analysts loved th…
Bears Chat, Best of the Forums
Raters Ignored Proof of Unsafe Loans, Panel Is Told
by a Wall Street Examiner •
September 26, 2010
Raters Ignored Proof of Unsafe Loans, Panel Is Told
By GRETCHEN MORGENSON
As the mortgage market grew frothy in 2006 — leading to a housing bubble that nearly brought down the banking system two years later — ratings agencies ch…
