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Hollywood filmmaker Oliver Stone is again taking on the financial world in a sequel to 1987's successful Wall Street, but this time he said greed is not only good it's legal.
The latest business news, quotes, and market information.
There were mixed closings for the Dow Jones Industrial Average and Nasdaq yesterday.
Bailouts for banks have hit 850 billion pounds in the wake of the global financial crisis, a watchdog report said Friday, amid tensions over performance pay for senior bankers.
Bank of America Corp's board is set to meet next Tuesday and is expected to discuss the appointment of a new chief executive, the Wall Street Journal reported, citing people familiar with the situation.
Under fire from Democrats and Republicans alike, Ben S. Bernanke on Thursday defended his record as chairman of the Federal Reserve but conceded that the central bank's lapses contributed to the financial crisis.
Life just got harder for Vikram S. Pandit. A day after Bank of America announced that it would repay its federal bailout money, Citigroup and Mr. Pandit, its chief executive, were left in the uncomfortable position of being the last of the Wall Street giants to remain tethered to the state, Andrew Martin and Eric Dash write in The New York Times.
Citigroup is the last of the Wall Street giants to remain tethered to government support, putting the struggling bank at a further disadvantage. The latest hires and departures at top banks, private equity firms and law firms.
Federal prosecutors investigated Galleon Group hedge fund founder Raj Rajaratnam on suspicions of insider trading more than a decade before he was charged with securities fraud, the Wall Street Journal reported, citing legal filings.
Britain's support for its banks has hit 850 billion pounds in the wake of the global financial crisis, a watchdog report said Friday, amid tensions over performance pay for senior bankers.
How much Goldman Sachs pays its chief will help other Wall Street firms decide how much to compensate their top officers.
Hollywood filmmaker Oliver Stone is again taking on the financial world in a sequel to 1987's successful "Wall Street," but this time he said greed is not only good — it's legal.
Dec 4 (Reuters) - The following were the top stories in The Wall Street Journal on Friday. Reuters has not verified these stories and does not vouch for their accuracy. * Federal prosecutors investigated hedge-fund titan Raj Rajaratnam on suspicions of insider trading more than a decade before he was charged with securities fraud on Oct. 16. Prosecutors, however, were unable to prove their ...
Dec 4 (Reuters) - The following were the top stories in The Wall Street Journal on Friday. Reuters has not verified these stories and does not vouch for their accuracy. * Federal prosecutors investigated hedge-fund titan Raj Rajaratnam on suspicions of insider trading more than a decade before he was charged with securities fraud on Oct. 16. Prosecutors, however, were unable to prove their ...
(AP Photo/Donald Traill)FILE - In this file photo from Sept. 20, 2009, Oliver Stone is seen on the set of "Wall Street 2" in the meat packing district in New York. Stone will speak at American Univers...
Hollywood filmmaker Oliver Stone is again taking on the financial world in a sequel to 1987's successful "Wall Street," but this time he said greed is not only good -- it's legal.
FILE - In this file photo from Sept. 20, 2009, Oliver Stone is seen on the set of "Wall Street 2" in the meat packing district in New York. Stone will speak at American University on Dec. 2, 2009.
