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Ex-Morgan Stanley Employee Who Stole And Posted 900 Clients' Data Is...
The former Morgan Stanley employee who stole data from 900 of the firm's wealth-management clients and posted it on the internet has come out with a statement.Galen Marsh is "extremely sorry for his...
View ArticleHere's The $974,790,317.77 Check That Harold Hamm's Ex-Wife Just Turned Down
Here's a copy of the hand-written check fo $974,790,317.77 that Sue Ann Arnall, the ex-wife of oil magnate Harold Hamm, rejected because she's appealing for more money, via @CNBC.Note that he didn't...
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Wall Street Is Having Its Own Harvard Vs. Yale Hockey Game
Longtime rivals Yale and Harvard will face off in a highly anticipated hockey game on Saturday night at Madison Square Garden, for the second annual "Rivalry on Ice."And since Wall Street is brimming...
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RAOUL PAL: The Dollar Surge And Oil Crash Are Far From Over
Former GLG macro fund manager Raoul Pal told Business Insider that he thinks that the rally in the US dollar has a lot further to go. He also said that oil prices should continue to trend lower, but...
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The Trader With That Infamous $320,000 Bar Tab Has Been Found Guilty Of Fraud
Alex Hope — the young "trader" who infamously dropped over $320,000 on Champagne and Grey Goose at a Liverpool nightclub in 2012 — has been found guilty of fraud in a $7.6 million investment scheme,...
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Bankers On Wall Street And In The City Are Bracing Themselves For A Feeble...
Bankers at the major investment banks on each side of the Atlantic are going to see shallower bonus pools this year, according to the Financial Times, citing numerous sources from big financial...
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Meredith Whitney Picked The Wrong America
The famed financial-crisis-era bank analyst Meredith Whitney made a big bet on the US heartland — and it didn't work.Back in June 2013, Whitney predicted that the US heartland was the next major source...
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JAMIE DIMON: 'JPMorgan Is The Best Thing I Can Do For Country And Humanity'
JPMorgan Chase CEO Jamie Dimon said that leading JPMorgan is the "best thing" he can do for his country and humanity in an interview with Fox Business Network's Maria Bartiromo. Last summer, Dimon, 58,...
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A Morgan Stanley Exec Explains The Five Big Career Mistakes Young Wall...
Want to know what's slowing down your Wall Street career? A 28-year veteran at Morgan Stanley is out with a book on the unique challenges young professionals face when trying to navigate the workplace....
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JPMORGAN MISSES BIG
JPMorgan Chase on Monday morning kicked off its fourth-quarter report on bank earnings with a big miss.Earnings per share came in at $1.19, while revenue came in at $23.5 billion.Analysts expected...
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JPMorgan's CEO Said Dogs--- On A Conference Call
OK, yes — JPMorgan did miss earnings estimates Monday, but that's probably not an excuse for a potty mouth.On the conference call following the bank's dismal earnings announcement, which included a...
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Meet The Goldman Sachs Exec Who's Now In Charge Of Picking The Bank's Future...
Pablo Salame, the global co-head of Goldman Sachs' securities division, has been named the chair of the firm's partnership committee, Lloyd Blankfein and Gary Cohn wrote in an internal memo to...
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Wall Street Intern Posts Nude Selfies From Bank's Bathroom, Then Quits Job To...
Paige A. Jennings, who moonlights as "Veronica Vain," quit her internship with Lazard Asset Management this month to pursue a career in the adult-film industry. "I just left a job on Wall Street for a...
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Citi Misses On Earnings
Citi just reported fourth quarter earnings, and it was a miss. The bank reported earnings per share of 6 cents. Analysts had expected 9 cents, according to data compiled by Bloomberg.For Q4, revenue...
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Wall Street Just Got Exactly What It Wanted, But It Wasn't Ready For It
The story on Wall Street this earnings season is a classic case of "Be careful what you wish for; you just might get it."Since Wednesday, when Wall Street started reporting its earnings for the last...
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Morgan Stanley Misses
Morgan Stanley missed fourth quarter earnings estimates. The bank reported earnings per share of 40 cents. Analysts were expecting the bank to report EPS of 49 cents, according to data compiled by...
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It's Time To Talk About That Other Thing That Destroyed Wall Street Earnings
All of the big American Wall Street banks have reported their fourth-quarter earnings, and you can pretty much use one word to describe them — rotten.Most of the talk has centered on a full-on rout in...
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David Einhorn Discloses A New Position In Time Warner
David Einhorn's Greenlight Capital returned a respectable 8% in 2014 compared to the Standard & Poor 500's 13% rise, according to the fund's fourth-quarter investor letter posted by ValueWalk. For...
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Most People Who Work At Hedge Funds Don't Make As Much As You Might Think
Hedge funds are known for pulling in the big bucks, and with that comes compensation. Lots of it.However, according to data from the online investor network SumZero, the majority of hedge fund analysts...
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11 Things Every Professional Woman Should Keep At Her Desk
At least in the world of finance, you can count on spending a lot of time at your desk. Actually, you're pretty much going to live there. And even if you're not in a profession that forces you to take...
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