Finance

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Author Archive

Goldman Lawsuit: Strip Clubs, “Hostility and Marginalization”

A scene described in the discrimination lawsuit against Goldman Sachs is at variance with the famously buttoned-up, straight-edge Goldman culture.

How Did Wall Street Vets Fare in Primaries? Not Well

It wasn't a good day for Wall Street vets or watchdogs in the New York primary.

Read Brian Moynihan’s State of BofA Speech

BofA CEO Brian Moynihan was in New York today to deliver one his first comprehensive investor presentations at the Barclays Financial Services Conference.

A Bidding War for ArcSight? Traders Can Only Hope

In this, the age of technology-company bidding wars, investors just can’t help themselves.

Wall Street Trader Takes Quant Strategy to N.B.A.

Think of Milton Lee as a technical investor. Except instead of analyzing stocks or commodities, he is analyzing basketball players.

Who Is a Big Fan of ArcSight? The CIA

How good is ArcSight’s security software? Well, it is good enough for the Central Intelligence Agency.

Jim Simons on Flash Crash: High Frequency Traders Saved the Day

You don’t need a PhD to assess the damage of the May 6 “Flash Crash.” To Jim Simons, it is simple arithmetic.

Basel III: And the Biggest Winners Are…

Bank investors seem to love Basel III and what isn't to love

Lehman Two Years Later: Warren Spector Goes to the Movies

The financial crisis spread former Wall Street titans far and wide. Many joined small hedge funds or other obscure investment firms. One exception: Warren Spector, the former Bear Stearns co-president who was forced out after two internal hedge funds b...

Afternoon Reading: Mark Zuckerberg’s Film Portrayal: “Paranoid,” Sleazy”

A Deal Journal round-up of the day’s most interesting stories and blog posts from the web.

Three Reasons to Be Bullish About U.S. Banks

After a painful August, when bank stocks were some of the market’s biggest under-performers, September has been far kinder to the financial sector, with most banks rallying over the past week. Here are three explanations for the bank stock rally: ...

Whatever Happened to Elizabeth Warren and the Consumer Protection Agency?

Amid a barrage of questions about tax cuts and the economic recovery, President Obama was asked at today's news conference about an issue that all but disappeared from the public eye: the Bureau of Consumer Financial Protection.