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56fa15e62037ec4715339a8cb56000ef | https://www.cnbc.com/2012/05/09/cramer-use-selloffs-to-buy-growth-stocks.html | Although U.S. stocks ended off their worst levels Wednesday, all three averages tumbled heavily at the open amid lingering concerns over Europe’s sovereign debt crisis.
“Panic is the natural reaction to the sell-offs that grip us each morning,” said Jim Cramer on CNBC’s “Mad Money.” “But I need you to check that feelin... | |
b5df0eaec622e4c64546f1494064b378 | https://www.cnbc.com/2012/05/09/demint-obamas-gay-marriage-stance-a-distraction.html | DeMint: Obama’s Gay Marriage Stance a Distraction | DeMint: Obama’s Gay Marriage Stance a Distraction
Jupiterimages | Comstock Images | Getty Images
President Obama voicing his support of gay marriage Wednesday was just a smokescreen to distract from his policies, Sen. Jim DeMint said on CNBC’s “The Kudlow Report.”
“The president’s trying to get us to talk about anythin... |
f478c6f83f8fdd7582824aed5c60fa23 | https://www.cnbc.com/2012/05/09/economic-headwinds-could-short-circuit-tech.html | Economic Headwinds Could Short Circuit Tech | Economic Headwinds Could Short Circuit Tech
Tetra Images | Getty Images
Since the bursting of the Internet bubble over a decade ago, technology stocks have been a relatively safe bet compared to the more volatile financial and energysectors.
But a bumpy last month shows that plenty of risk remains in stocks ranging fro... |
edfd8a43c43501b1fc4da8b1b26203a5 | https://www.cnbc.com/2012/05/09/eog-resources-ceo-on-energy-profits.html | It's been a tough past few days for the energy sector, especially considering the weakness in oil prices.
EOG Resources , however, has a developed a growth strategy to offset weak oil. Cramer wanted to learn more, so he invited CEO Mark Papa onto Wednesday's program.
Watch the video to see the full conversation!
Call C... | |
14edb2dbf92b3ecb9af2a77a18ee70e2 | https://www.cnbc.com/2012/05/09/euro-zone-crisis-markets-fret-that-austerity-medicine-will-kill-patient.html | Euro Zone Crisis: Markets Fret That Austerity Medicine Will Kill Patient | Euro Zone Crisis: Markets Fret That Austerity Medicine Will Kill Patient
Ask senior EU officials whether enough has been done to stem the two-year-old euro zone debt crisis, and many point to the number of new rules and institutions they argue would have been unthinkable before the upheaval.
Supporters of Alexis Tsipra... |
1d6843c23e00677f29043cbe7b2eac12 | https://www.cnbc.com/2012/05/09/facebook-ipo-will-be-tough-for-investors-to-get-in-on.html | The Facebook IPO | The Facebook IPO
Investors who "like" Facebook may now be able to put their money where their clicks are.
Facebook IPO hatPhoto by Jodi Gralnick for CNBC.com
Most of the large online brokerage firms, including E-Trade , Fidelity and Charles Schwab , are allowing customers to request shares of the Facebook initial publi... |
e550c80a3ef38db58b9a673ff41c3b49 | https://www.cnbc.com/2012/05/09/fed-clears-way-for-chinese-firms-to-buy-us-banks.html | Fed Clears Way for Chinese Firms to Buy US Banks | Fed Clears Way for Chinese Firms to Buy US Banks
For the first time in its history the upto an acquisition of a U.S. bank by a Chinese bank, opening the door for other Chinese banks to follow suit.
Pedestrians walk past a branch of the Industrial and Commercial Bank of China (ICBC) in central Beijing.Teh Eng Koon |AFP... |
de162a47c504baacb7674340d8c63af1 | https://www.cnbc.com/2012/05/09/global-economy-faces-a-perfect-storm-in-2013-roubini.html | Global Economy Faces a 'Perfect Storm' in 2013: Roubini | Global Economy Faces a 'Perfect Storm' in 2013: Roubini
LAS VEGAS — A "global perfect storm" looms for 2013 in which the U.S. economy could fall back into recession and the euro zone will begin to break up, according to the latest gloomy forecast from economist Nouriel Roubini.
Nouriel Roubini guest hosts Squawk Box on... |
865929ebfef3cfe053e112b3f6546f89 | https://www.cnbc.com/2012/05/09/gold-trades-2000-by-years-end-eric-sprott.html | Eric Sprott is a hedge fund manager who’s long precious metals and mining stocks – and he has no intention of changing that strategy anytime soon.Despite the sharp decline in gold, he tells us by year’s end his price target for gold is $2000.“We’re seeing statistics on physical gold purchases that argue very strongly f... | |
1e8f7cfb035f1c41d253dd1e0472127b | https://www.cnbc.com/2012/05/09/got-trups.html | Got TruPS? | Got TruPS?
Fast Money Portfolio
If you’re thinking about putting money to work in TruPS, Ed Deicke says there’s something you should know.But before we get to that – you may be asking yourself, what's TruPS?An acronym for Trust Preferred Securities, TruPS are something of a hybrid between bonds and preferred stocks. Tr... |
1e0812f42cbc2283c8caf6b46cd2c1b1 | https://www.cnbc.com/2012/05/09/greece-and-the-land-of-obscure-websites.html | Greece and the Land of Obscure Websites | Greece and the Land of Obscure Websites
GreeceJorg Greuel | Getty Images
Like yesterday (Tuesday), the market drifted lower after opening to the downside. Typically, stocks will stabilize a little after 10am ET on a down day, but the market action is choppy, again.
One issue: Will the Troika (EU/IMF/ECB) make a schedul... |
093bc0976e3036958dc2449de6bd1987 | https://www.cnbc.com/2012/05/09/greece-will-leave-the-euro-zone-pro.html | Greece Will Leave the Euro Zone: Pro | Greece Will Leave the Euro Zone: Pro
The sooner Greece leaves the euro the better, according to venture capitalist Jon Moulton.
“Greece has got pretty nasty choices. It will be unpleasant coming out of the euro. But at least they’ll get it over with, whereas austerity is many years of pain,” said Moulton, who is the fo... |
fdcc594f3bd97ec4ec4f50cfb1007ee5 | https://www.cnbc.com/2012/05/09/have-it-both-ways-with-tech-etfs.html | Have It Both Ways With Tech ETFs | Have It Both Ways With Tech ETFs
On one side of the aisle, you have Apple , Samsung and all the companies that support them, contemplating a world where everyone has a smartphone, tablet or some cutting-edge new device we don’t yet realize we want.
On the other side, you’ve got tech monoliths likeIBMand Intel , whose p... |
347140b38528375780fe810c0299fa77 | https://www.cnbc.com/2012/05/09/healthcare-costs-in-retirement-rise-to-240000.html | Health-Care Costs in Retirement Rise to $240,000 | Health-Care Costs in Retirement Rise to $240,000
Americans are making a dangerous assumption: that their current retirement savings will be enough to cover health-care costs.
Adam Gault | Getty Images
Two new reports, released this week from Fidelity Investments and Nationwide Financial show Americans drastically under... |
f2619a5dc32403ce86b1b9c117a12307 | https://www.cnbc.com/2012/05/09/hk-magnates-250-million-chongqing-plan-intact-despite-bo-ouster.html | HK Magnate's $250 Million Chongqing Plan Intact Despite Bo Ouster | HK Magnate's $250 Million Chongqing Plan Intact Despite Bo Ouster
Just weeks before Bo Xilai was sacked, sparking the country’s biggest political crisis in recent decades, Allan Zeman, a prominent Hong Kong businessman, spent an evening rubbing shoulders with the former mayor of Chongqing.
“We went out to dinner and a ... |
09299091a29a607de5c6f15fedf2440c | https://www.cnbc.com/2012/05/09/investors-less-likely-to-back-womenled-ventures.html | Investors Less Likely to Back Women-Led Ventures | Investors Less Likely to Back Women-Led Ventures
Peter Dazeley | Getty Images
Businesses trying to raise money by going public may have a tough time finding investors if a woman is at the helm, a new study shows.
Researchers at the University of Utah found that despite identical personal qualifications and firm financi... |
cec241c162dab9f822aa1b59f5f98bfa | https://www.cnbc.com/2012/05/09/loeb-says-hell-fight-yahoo-as-long-as-it-takes.html | Loeb Says He'll Fight Yahoo as Long as It Takes | Loeb Says He'll Fight Yahoo as Long as It Takes
In rare public comments about his ongoing proxy fight with Yahoo, Third Point founder Dan Loeb called the company “bloated” and “not focused,” but added that the tech giant is a “great business” capable of being turned around.
Yahoo!'s headquarters in California.Paul Saku... |
8c9956e076c854e62d5c5c4f187fcb20 | https://www.cnbc.com/2012/05/09/mining-for-gold-in-old-cell-phones.html | Mining for Gold in Old Cell Phones | Mining for Gold in Old Cell Phones
A wireless conference might be the last place you'd expect to see a precious metals refinery company, but precious metals are prevalent in cellular devices and once stripped down, those metals can be cashed in.
GoldComstock Images | Getty Images
‘We look for gold, silver, palladium an... |
ef2b1620f4ee9ef25c8fa3ad55dfef10 | https://www.cnbc.com/2012/05/09/morgan-stanleys-grimes-is-where-money-and-tech-meet.html | Morgan Stanley’s Grimes Is Where Money and Tech Meet | Morgan Stanley’s Grimes Is Where Money and Tech Meet
Silicon Valley doesn’t have much love for Wall Street, perceiving buttoned-up financiers as fee-obsessed number crunchers who don’t really understand technology.
But Michael Grimes of Morgan Stanley, a gadget enthusiast with a computer science background, has managed... |
2b7fcda882eba857369bc5df9dfd688e | https://www.cnbc.com/2012/05/09/new-book-engines-of-change-a-history-of-the-american-dream-in-fifteen-cars.html | New Book: ‘Engines of Change: A History of the American Dream in Fifteen Cars’ | New Book: ‘Engines of Change: A History of the American Dream in Fifteen Cars’
GUEST AUTHOR BLOG by Paul Ingrassia author of "Engines of Change: A History of the American Dream in Fifteen Cars."
Engines of ChangeSource: Amazon.com
It might seem quaint or outmoded — in this era of iPads, cell phones, apps and tweets — t... |
893d283202a8bcccbf35b0927ca4512e | https://www.cnbc.com/2012/05/09/paypal-joins-with-japans-softbank-to-start-digital-payment-venture.html | PayPal Joins With Japan’s SoftBank to Start Digital Payment Venture | PayPal Joins With Japan’s SoftBank to Start Digital Payment Venture
EBay subsidiary PayPal and Japanese telecom SoftBank will each invest $12.5 million in a joint venture to introduce PayPal’s mobile payments service to Japan.
In an interview with CNBC’s 'Worldwide Exchange', eBay CEO John Donahue said the scheme, to b... |
08f3cd8c2be4e9c1882d79d57b8ba25a | https://www.cnbc.com/2012/05/09/philip-falcone-voices-concern-over-china.html | Philip Falcone Voices Concern Over China | Philip Falcone Voices Concern Over China
LAS VEGAS — Harbinger Capital hedge fund manager Phil Falcone says his view of Europe isn’t entirely dire.
Philip FalconeCNBC.com
“They’re going to have problems,” Falcone said Wednesday at a SALT panel, “but I’m more concerned about how that ripple ... effects, especially China... |
19af65af6fa7b070aca9863241aa2957 | https://www.cnbc.com/2012/05/09/pierre-lagrange-investors-too-scared-of-europe.html | With a new and somewhat worrisome headlines surfacing out of Europe almost every day, Fast Money jetted to the SALT Investor Summit in Last Vegas to bring you insights from the absolute best.Among the very first big money managers we spoke with was top hedge fund manager, Pierre Lagrange the co-founder of GLG Partners ... | |
f8bcaf69b0affc63cf94ff92cc3d0e13 | https://www.cnbc.com/2012/05/09/stocks-to-watch-csco-nwsa-more.html | Stocks to Watch: CSCO, NWSA & More | Stocks to Watch: CSCO, NWSA & More
Check out which companies are making headlines after-the-bell Wednesday:
Cisco - The tech bellwether posted earnings of 48 cents a share on revenue of $11.6 billion, edging past expectationsfor 47 cents a share on sales of $11.58 billion. Shares were initially higher following the re... |
5314e1014c36a586494b95e84377d4d4 | https://www.cnbc.com/2012/05/09/stocks-to-watch-dis-igt-gmcr-more.html | Stocks to Watch: DIS, IGT, GMCR & More | Stocks to Watch: DIS, IGT, GMCR & More
Take a look at some of Wednesday's morning movers:
Walt Disney - Disney reported fiscal second-quarter profits of $0.58 per share, three cents above estimates, with revenues also above consensus. Chairman/CEO Bob Iger tells CNBC there will be a sequel to the smash hit movie “The ... |
05c73cb0d585c486fa96c6f22f1adb4a | https://www.cnbc.com/2012/05/09/struggling-rim-announces-new-executive-hires.html | Struggling RIM Announces New Executive Hires | Struggling RIM Announces New Executive Hires
RIM HeadquartersGetty Images
BlackBerry maker Research in Motion says it has hired two new senior executives, including a marketing chief, as the company looks to regain market share lost to Apple's iPhone.
RIM said Tuesday that Frank Boulben will be the new chief marketing... |
4aa87a7af5bdc13b14905ddde939aaec | https://www.cnbc.com/2012/05/09/time-to-say-to-greece-you-cant-have-it-both-ways.html | Time to Say to Greece: You Can’t Have It Both Ways | Time to Say to Greece: You Can’t Have It Both Ways
The Parthenon in GreeceScott E. Barbour | Getty Images
It's time for Europe to say to Greece: You can't have it both ways. Most Greeks say they want to stay in the European Union, they just don't want austerity or the bailout package. They are playing a game of chicken... |
84bb57a4c77c178f87534ab10d3d71b7 | https://www.cnbc.com/2012/05/09/usps-to-keep-rural-post-offices-open.html | USPS to Keep Rural Post Offices Open | USPS to Keep Rural Post Offices Open
The financially struggling U.S. Postal Service sought Wednesday to tamp down concern over wide-scale cuts, revealing it will seek to keep thousands of rural post offices open with shorter hours.
United States Post OfficeBloomberg | Getty Images
At a news briefing, Postmaster General... |
66a26ca7733eaba1cc16a56db38e294f | https://www.cnbc.com/2012/05/09/village-people-singer-wins-a-legal-battle-in-fight-to-reclaim-song-rights.html | Village People Singer Wins a Legal Battle in Fight to Reclaim Song Rights | Village People Singer Wins a Legal Battle in Fight to Reclaim Song Rights
In a court ruling with significant implications for the music industry, a California judge has dismissed a suit by two song publishing companies aimed at preventing Victor Willis, former lead singer of the 1970s disco group the Village People, fr... |
2b39e062c51f1660cecf9802a90ea22c | https://www.cnbc.com/2012/05/09/why-riverbed-remains-a-good-short-to-15.html | Why Riverbed Remains a Good Short to $15 | Why Riverbed Remains a Good Short to $15
I will admit that of late, I have become an unabashed cheerleader of cloud computing companies. While names such as VMware, EMC, and Red Hat continue to impress the market with their recent earnings performances, one name however that continues to be absent in the discussion is ... |
742f135f047d7c5791e33b3d9a6118d1 | https://www.cnbc.com/2012/05/09/will-the-real-angeladmerkel-please-stand-up.html | Will the Real '@Angela_d_Merkel' Please Stand Up? | Will the Real '@Angela_d_Merkel' Please Stand Up?
In the cacophony of the euro zone debt crisis, there are some voices that matter. Eurogroup chair Jean-Claude Juncker. German Finance Minister Wolfgang Schaeuble. EU Commissioner Olli Rehn. And, of course, "@Queen_Europe,” a.k.a. the Twitter artist formerly known as "@A... |
f21d2558b75254ead14698269dd2615a | https://www.cnbc.com/2012/05/09/wisconsin-governor-recall-to-be-rematch.html | Election 2012 | Election 2012
The candidates may be the same, but Wisconsin isn't.
In the tumultuous 18 months since Republican Scott Walker defeated Democrat Tom Barrett in the 2010 governor's race, Wisconsin has been rocked with massive protests over workers' rights, recall elections over a contentious union rights law and a partisa... |
649e6ccf9bd9722ffe948778fd6aa49a | https://www.cnbc.com/2012/05/09/yen-lifts-riskier-currencies-slip.html | Money in Motion | Money in Motion
Politics weigh on the euro and mortgage applications lift the dollar - it's time for your FX Fix.
The euro fell close to a three-month low against the dollar on further worries about in Europe. [CNBC]
Uncertainty in Europe also lifted the safe haven yen. [Reuters]
Political uncertainty in Greece also w... |
8e2e383cb5107eb7973ce379e74402d4 | https://www.cnbc.com/2012/05/10/a-facebook-ipo-media-frenzyget-ready.html | A Facebook IPO Media Frenzy...Get Ready! | A Facebook IPO Media Frenzy...Get Ready!
Have you heard that Facebook will be going public next week?
Yes, some would say there is a veritable media circus revving up. I prefer to think of it as enthusiastic, exhaustive coverage of an event that to many minds marks the coming of age for social media.
GK Hart/Vikki Hart... |
457193ec8324d93462a73d12c814b71a | https://www.cnbc.com/2012/05/10/a-new-world-record-80-million-vehicles-and-counting.html | A New World Record: 80 Million Vehicles... and Counting | A New World Record: 80 Million Vehicles... and Counting
Getty Images
In a world of large numbers, try wrapping your head around these digits: This year, the world is expected to set a new record with the sale of 80 million cars and trucks.
Let me put that into perspective:
- Annual sales: 80 million
- Daily sales: 219,... |
4a31c8a501182637464e057d9aaec2b3 | https://www.cnbc.com/2012/05/10/att-big-winner-at-ctia-based-on-social-buzz.html | AT&T Big Winner at CTIA Based on Social Buzz | AT&T Big Winner at CTIA Based on Social Buzz
AT&T dominated the social conversation at the International CTIA Wireless 2012 conference in New Orleans, according to the just-released rankings of the exclusive CNBC Social Conversation Index: Mobile Edition.
AT&T store, New York CityGetty Images
The Index, powered by Coll... |
9ed991efda308c99a781f696898d92fe | https://www.cnbc.com/2012/05/10/bt-profit-rises-on-broadband-customers.html | BT Profit Rises on Broadband Customers | BT Profit Rises on Broadband Customers
British Telecom (BT) posted a full-year operating profit of 849 million pounds ($1.37 billion) on Thursday on revenue of 4.8 billion pounds, attributed in large part to the addition of 10 million broadband customers in the last year.
The British Telecom logo is pictured in London.... |
e78d33ae563d04f5718077855151f632 | https://www.cnbc.com/2012/05/10/career-survival-tips-putting-out-fires.html | Career Survival Tips: Putting Out Fires | Career Survival Tips: Putting Out Fires
They weren't happy to see me when I rang the fire station doorbell the other night. I was semi-desperate. On the other hand, I wasn't on fire.
John Lund | Blend Images | Getty Images
"Most people call fire trucks just for nothing, petty things. It's just ridiculous for them to ev... |
24166401244575f06de31ce05885cf67 | https://www.cnbc.com/2012/05/10/cnbc-exclusive-loeb-says-hell-fight-yahoo-as-long-as-it-takes.html | CNBC EXCLUSIVE: LOEB SAYS HE'LL FIGHT YAHOO AS LONG AS IT TAKES | CNBC EXCLUSIVE: LOEB SAYS HE'LL FIGHT YAHOO AS LONG AS IT TAKES
All references must be sourced to CNBC.
Loeb Says He'll Fight Yahoo as Long as It Takes
By: Scott Wapner, Kate Kelly
Published: Wednesday, May 9, 2012
In rare public comments about his ongoing proxy fight with Yahoo, Third Point founder Dan Loeb called the... |
aeb63c8a2345a7dcf5cf732cb6b51026 | https://www.cnbc.com/2012/05/10/cramer-charts-market-volatility.html | It's time to go "Off the Charts!"
On Thursday's "Mad Money," host Jim Cramer looked at the VIX index to get a technical read on fear in the market.
So what did he find out? Watch the video to see his full report!
Call Cramer: 1-800-743-CNBC
Questions for Cramer?
Questions, comments, suggestions for the Mad Money websit... | |
23a8ed0c57fefaf6221e833929ea7573 | https://www.cnbc.com/2012/05/10/daniel-stern-volcker-rule-driving-talent-to-hedge-funds.html | Daniel Stern: Volcker Rule Driving Talent to Hedge Funds | Daniel Stern: Volcker Rule Driving Talent to Hedge Funds
Stockbyte | Getty Images
The Volcker Rule is driving talented traders to leave large, well-known Wall Street investment banks for hedge funds, Reservoir Capital founder Daniel Stern said at the Skybridge Alternatives (aka SALT) investor summit Wednesday.
"I get a... |
7bc19c18eda3c907d660c88882b5e4e6 | https://www.cnbc.com/2012/05/10/diageos-craft-beer-black-eye-brewdog-claims-blackmail.html | Consumer Nation | Consumer Nation
While the battle between small craft brewers and larger corporations here in the United States has been well documented, the battle is apparently equally as fierce overseas.
AP
Take, for example, a recent awards ceremony thrown by the British Institute of Innkeeping, a trade group which represents pubs ... |
bc1cf0ca7b41ab0acaa266076d1b5791 | https://www.cnbc.com/2012/05/10/emirate-airlines-profit-plunges-on-skyhigh-fuel-costs.html | Emirate Airlines Profit Plunges on Sky-High Fuel Costs | Emirate Airlines Profit Plunges on Sky-High Fuel Costs
Emirates Airlines reported a 72 percent drop in 2011 earnings on Thursday, with rocketing fuel prices cutting into profits.
Dubai’s flagship carrier reported a net profit of $409 million in 2011, down from $1.5 billion in 2010. Emirates’s fuel costs rose by 44 perc... |
17c98e02f2d066787a09106340903c05 | https://www.cnbc.com/2012/05/10/europe-markets-seen-mixed-on-greece-worries.html | Europe Markets Seen Mixed on Greece Worries | Europe Markets Seen Mixed on Greece Worries
European shares are called to open the trading day broadly mixed as negative sentiment via the continued Greek political uncertainty continues to weigh on investors.
Comstock | Getty Images
The UK’s FTSE 100 is expected to open the day higher by 5 points, and Germany’s DAX is... |
5d4db375cfbd02f9ee17b4e91da6c782 | https://www.cnbc.com/2012/05/10/europe-may-need-more-power-to-deal-with-bank-crisis.html | Europe May Need More Power to Deal With Bank Crisis | Europe May Need More Power to Deal With Bank Crisis
After several failed efforts to restore confidence in their sickly banks, European governments face growing pressure to change course and give the European Union more power to shore up the region’s shakier lenders.
E.U.Photo: Bloomberg | Getty Imgaes
Calls for a reass... |
8be13661726d1828edaa8a6ef277bdc8 | https://www.cnbc.com/2012/05/10/facebook-could-make-or-break-ipo-market.html | Facebook Could Make or Break IPO Market | Facebook Could Make or Break IPO Market
Facebook could make or break the fragile IPO market if it does not trade well once it goes public next week, analysts say.
FacebookGetty Images
“If Facebook shows poor post-IPO trading or falls below its IPO price, it would be a disaster for the IPO market,” says Kathy Smith, a p... |
61d8793ad31b72579d6737dc1e63eab0 | https://www.cnbc.com/2012/05/10/freddie-mac-names-exetrade-head-as-new-ceo.html | Freddie Mac Names Ex-ETrade Head as New CEO | Freddie Mac Names Ex-ETrade Head as New CEO
Donald Layton, the former chief executive of brokerage firm ETrade Financial , will be the next CEO of Freddie Mac.
Freddie Mac CEO Charles HaldemanBloomberg | Getty Images
The government-controlled mortgage company says Layton will take over the top job on May 21. He will su... |
3fd2d5cff9094a667da02e5742b5eb06 | https://www.cnbc.com/2012/05/10/huge-institutional-investors-shifting-capital-allocation.html | Huge Institutional Investors Shifting Capital Allocation | Huge Institutional Investors Shifting Capital Allocation
The largest institutional investors in the world are increasingly looking for investments that generate positive "contractual" cash flows, as opposed to mark-to-market paper gains, according to both panelists and attendees at the Skybridge Alternatives Investor S... |
3212e87736cbba9fbed68d1569c95ddd | https://www.cnbc.com/2012/05/10/last-call-call-me-jamie-dimon-meets-his-moby-dick.html | Last Call: "Call me Jamie": Dimon Meets His Moby Dick | Last Call: "Call me Jamie": Dimon Meets His Moby Dick
JP Morgan ChaseCNBC.com
“Call me Jamie.”
-Tonight, JP Morgan’s Jamie Dimon meets his Moby Dick as a “London whale” swallows $2 billion of JP Morgan's money.
Robert Hum's Market Musings
Stocks fade into close, end mixedDow snaps 6-day losing streak, but Nasdaq closes... |
4a7df36a4d74caa7d8d8a584ebc309de | https://www.cnbc.com/2012/05/10/lightning-round-hewlettpackard-pan-am-silver-zipcar-and-more.html | Hewlett-Packard : Cramer isn't a fan of this technology company's stock right now.
Pan Am Silver : When it comes to precious metals, Cramer doesn't recommend owning shares of the mining companies.
Hercules Offshore : This is a speculative play on the price of oil going higher, Cramer said.
Prudential Financial : Cramer... | |
dd9bf7827f6f21293f916418b1bf90d5 | https://www.cnbc.com/2012/05/10/memo-to-wouldbe-members-of-the-1-move-to-the-northeast-or-midatlantic.html | Memo to Would-Be Members of the 1%: Move to the Northeast or Mid-Atlantic | Memo to Would-Be Members of the 1%: Move to the Northeast or Mid-Atlantic
Reaching for the American dream? Your best chances are probably in New York, New Jersey or Maryland.
New York City skylinePhoto: Jumper | Photodisc | Getty Images
Those states are best at helping Americans move up the income ladder, both in absol... |
986fd63ed57ab3b87d6238738474a835 | https://www.cnbc.com/2012/05/10/merchant-cash-advances-are-expensive-small-biz-lifeline.html | Merchant Cash Advances Are Expensive Small Biz Lifeline | Merchant Cash Advances Are Expensive Small Biz Lifeline
Cash
In this era of tight money, many small businesses feel that they've been hung out to dry by traditional lenders, a new survey shows. As a result, a growing number of companies are turning to alternative sources of funding, such as merchant cash advances (MCA)... |
1efba68c828e49322ccc0401b8d01475 | https://www.cnbc.com/2012/05/10/mortgage-market-still-hampers-housing-recovery.html | Mortgage Market Still Hampers Housing Recovery | Mortgage Market Still Hampers Housing Recovery
Mortgage
The Realtors say it, the home builders say it, and now the chairman of the Federal Reserve is saying it: “Some creditworthy borrowers are still having trouble getting a mortgage.”
Loose mortgage underwriting is largely blamed for the housing crash, and as a result... |
4e8020de9a4e9309a6e9c74b35799f24 | https://www.cnbc.com/2012/05/10/okada-three-opportunities-that-may-offer-attractive-returns.html | Okada: Three Opportunities That May Offer Attractive Returns | Okada: Three Opportunities That May Offer Attractive Returns
The current state of the U.S. economy is nothing if not conflicted. Most recently, investors cheered the performance of the manufacturing sector during April, but their optimism was quickly tempered by a disappointing jobs report.
Gregor Schuster | Getty Imag... |
bcbe673e3e9f97dd0dbd085a83b93f20 | https://www.cnbc.com/2012/05/10/pickens-i-am-through-with-washington-after-gas-fight.html | Pickens: 'I Am Through With Washington' After Gas Fight | Pickens: 'I Am Through With Washington' After Gas Fight
LAS VEGAS — T. Boone Pickens says his effort to convert the government trucking fleet to natural gas is his last go-round with Washington politicians, whom he insists don't care about the country's energy independence.
Boone PickensAP
"When this one's over for me,... |
4eac49aa77eabaa6f1ace3695c869fd1 | https://www.cnbc.com/2012/05/10/pickens-sells-stake-in-chesapeake-energy.html | Pickens Sells Stake in Chesapeake Energy | Pickens Sells Stake in Chesapeake Energy
Boone PickensAP
Worried about the collapsing price of natural gas, Boone Pickens recently sold his entire stake in Chesapeake Energy, he told CNBC during an exclusive interview at the SALT alternative-asset conference in Las Vegas.
Pickens, who manages a $140 million energy-focu... |
6add2440815962667c1aa6dc86b4d3f0 | https://www.cnbc.com/2012/05/10/questions-raised-over-bankia-creation.html | Questions Raised Over Bankia Creation | Questions Raised Over Bankia Creation
As shares in Bankia slid further away from their listing price on Wednesday, questions were being asked about the wisdom of having created and floated the Spanish lender in the first place.
SpainGlowImages | Getty Images
Billed as “the leader of the new banks” in its own publicity,... |
26f1105d4ad6e6627d978188b3bed4e4 | https://www.cnbc.com/2012/05/10/regretting-that-sext-you-just-sent-theres-an-app-for-that.html | Regretting That Sext You Just Sent? There's an App for That | Regretting That Sext You Just Sent? There's an App for That
Fuse | Getty Images
Just sent dirty pictures of yourself to someone who's not your wife? Need to get rid of them quickly? There's an app for that.
Snapchat lets you control how long your sexts last before disappearing.
Think of it as a new age, pervy version o... |
eadc863214211f9018230cfb65701452 | https://www.cnbc.com/2012/05/10/rove-gibbs-square-off-over-obamaromney-match.html | Rove, Gibbs Square Off Over Obama-Romney Match | Rove, Gibbs Square Off Over Obama-Romney Match
LAS VEGAS — Put a room full of hedge fund pros together to talk politics and chances are pretty good that it's going to be more fun to be Karl Rove than Robert Gibbs.
Alexandra Grablewski | Riser | Getty Images
So it went Thursday morning when Rove, the top adviser to form... |
908c11e7f9e1c6d9a9ce0075533c5d26 | https://www.cnbc.com/2012/05/10/salt-hedge-fund-trade-long-portugal-short-ireland.html | SALT Hedge Fund Trade: Long Portugal, Short Ireland | SALT Hedge Fund Trade: Long Portugal, Short Ireland
AP
One of the more unexpected ideas to emerge from the Skybridge Alternatives investor summit (SALT) has been investing in bonds issued by the government of Portugal.
Portugal, of course, is a founding member of the PIIGS, the nasty acronym for Portugal, Ireland, Ital... |
77c7a9d474f76cf04bea079c602c0135 | https://www.cnbc.com/2012/05/10/starbucks-ceo-schultz-i-only-ever-committed-1-year-to-groupon.html | If you’re a social media investor, chances are Groupon has been on the radar after Starbucks CEO Howard Schultz left the Groupon board.Shares tumbled on April 30th after the announcement."People were hoping they were going to augment the board rather than replace directors," said Daniel Ernst, an analyst at Hudson Squ... | |
89d8a00f3663611c2528c4ab16bea13a | https://www.cnbc.com/2012/05/10/tmobile-buying-metropcs-dont-count-on-it.html | T-Mobile Buying MetroPCS? Don’t Count On It | T-Mobile Buying MetroPCS? Don’t Count On It
T-Mobile Store in New York CityBloomberg | Getty Images
Wednesday was a good day to own MetroPCS Communications and Leap Wireless International as the postpaid cellphone carriers jumped higher on over three times the average volume for both companies. MetroPCS popped over 20 ... |
c585b00bb78dc5e28d00c34bbb3d4ee7 | https://www.cnbc.com/2012/05/10/what-if-apple-were-part-of-the-dow.html | What If Apple Were Part of the Dow? | What If Apple Were Part of the Dow?
Apple is the world's most valuable company. The Dow Jones Industrial Average is probably the world's best-known stock index. So don't they deserve each other?
AP
Consider this: If Apple had been added to the Dow in June 2009, the last time there were serious rumors that it would happ... |
a43822b66e75e92ccd548c2b7428f018 | https://www.cnbc.com/2012/05/10/why-china-might-not-save-luxury-retail-if-europe-slows.html | Consumer Nation | Consumer Nation
This year at the Walpole China Luxury Conferencein London there were actually bears in the room — and they weren’t panda bears.
Last year attendees, still having post-traumatic stress from 2008 to 2009, asked the question could China save the U.S. in another downturn? The sentiment was a resounding yes.... |
926536300955743fae733642f92c6aa1 | https://www.cnbc.com/2012/05/10/yahoo-ceo-controversy-get-over-it-already.html | Top hedge fund manager Dan Loeb has again reiterated to CNBC in exclusive comments that he does not intend to relent in his fight to have an interim CEO appointed at Yahoo!.CEO Scott Thompson has come under fire after Loeb discovered that Thompson does not have a computer science degree from Stonehill College as he cla... | |
2ced4ce75a57a354a433884ce85b9e1d | https://www.cnbc.com/2012/05/11/3-stocks-with-hidden-upside-top-analyst.html | Looking for hidden gems in the market? Credit Suisse analyst Jonathan Chaplin tells us he’s just found three.Chaplin just upgraded Verizon and AT&T to 'Outperform' from 'Neutral' as the carriers fight back on pricing and subsidies.“The story in the carrier space has been phenomenal adoption of smart phones by consumers... | |
703d97fe46cb1c634a7787c06173dfdd | https://www.cnbc.com/2012/05/11/a-shock-from-jpmorgan-is-new-fodder-for-reformers.html | A Shock From JPMorgan Is New Fodder for Reformers | A Shock From JPMorgan Is New Fodder for Reformers
It didn’t take long for bank reformers to say we told you so. JPMorgan Chase’s $2 billion trading loss, which was disclosed on Thursday, could give supporters of tighter industry regulation a huge new piece of ammunition as they fight a last-ditch battle with the banks ... |
a42402d8928aa97e2a56b5d916ed3ee3 | https://www.cnbc.com/2012/05/11/arena-weightloss-drug-wins-over-fda-advisers.html | Arena Weight-Loss Drug Wins Over FDA Advisers | Arena Weight-Loss Drug Wins Over FDA Advisers
An experimental obesity pill from Arena Pharmaceuticals won the support of U.S. advisers on Thursday, as public health advocates push for new solutions to the nation's growing obesity epidemic.
A panel of outside experts to the U.S. Food and Drug Administration voted 18 to ... |
62ee5b564f90781860616a8472c08d84 | https://www.cnbc.com/2012/05/11/bank-to-pay-202-million-to-settle-suit-on-mortgages.html | Bank to Pay $202 Million To Settle Suit On Mortgages | Bank to Pay $202 Million To Settle Suit On Mortgages
Deutsche Bank agreed on Thursday to pay the federal government more than $200 million to settle accusations that it knowingly misled the Department of Housing and Urban Developmentabout the quality of mortgages that later defaulted.
MortgageCNBC.com
The defaults ulti... |
227ea31e87d3ca032ad8a85ba3cc30df | https://www.cnbc.com/2012/05/11/better-names-to-own-than-jpmorgan-fbr.html | ‘Better Names to Own’ Than JPMorgan: FBR | ‘Better Names to Own’ Than JPMorgan: FBR
Wells FargoAP
FBR analyst Paul Miller wasted no time on Thursday in downgrading JPMorgan Chase following CEO James Dimon’s announcement of a $2 billion second-quarter trading loss.
Saying there was “little clarity into and a lot of uncertainty surrounding JPMorgan’s future earni... |
489f8769fe8e61845c2fca31c7508729 | https://www.cnbc.com/2012/05/11/burned-by-las-vegas-sands.html | A long position in Las Vegas Sands looked like a hot trade, but so far all it’s done is burn Steve Grasso. Now what?Fast Money’s ‘Governator’ made the fateful call on March 22nd as a bet on Asia.“The company was granted Singapore junket approval. That’s a catalyst. I would be a buyer,” he said at the time.
As it turned... | |
76d65cdd2af74f26411d8c4815d3c176 | https://www.cnbc.com/2012/05/11/clooney-fundraiser-nets-obama-record-15-million.html | Election 2012 | Election 2012
LOS ANGELES — George Clooney played the suave host, chef Wolfgang Puck whipped up something for dinner, and President Barack Obama and about 150 of his Hollywood set donors enjoyed a few laughs at Clooney's good-humored expense.
Obama/ClooneyGetty
Obama told the crowd that his famed Hope poster from the 2... |
45628fa7a50b1f80146708bfa0ebfdc1 | https://www.cnbc.com/2012/05/11/cnbc-puts-us-presenter-on-assignment-in-london.html | CNBC Puts U.S. Presenter on Assignment in London | CNBC Puts U.S. Presenter on Assignment in London
LONDON and NEW YORK, 11 May 2012 – CNBC, First in Business Worldwide, announced today that it has assigned Kelly Evans, one of its U.S. journalists to co-anchor its daily global business programme Worldwide Exchange from London.
The show takes the early morning time slot... |
7f929d683c05b23cfac8c1bd50b12ce2 | https://www.cnbc.com/2012/05/11/cramers-stock-call-conocophillips-or-phillips-66.html | Last week ConocoPhillips completed the spinoff of Phillips 66 — its refining, marketing, chemicals and transportation arm — creating the newest independent U.S. refiner.
Naturally, several “Mad Money” viewers have asked whether host Jim Cramer prefers ConocoPhillips, the exploration and production company, or Phillips ... | |
70ca482a78afeffd1ce83435534eccc2 | https://www.cnbc.com/2012/05/11/dennis-gartman-euro-crisis-ends-like-this.html | More than a year before the Street started predicting the demise of the euro, Dennis Gartman said it was inevitable.It was Monday November 29th 2010 when Gartman first talked about it on CNBC’s Fast Money Halftime Report.At the time his forecast wasn't mainstream, like it is now. In 2010, most prognosticators were sayi... | |
02b1040c8c5576e7256fe169fa6ff2b3 | https://www.cnbc.com/2012/05/11/dow-rallies-120-points-onwhat.html | Dow Rallies 120 Points on...What? | Dow Rallies 120 Points on...What?
A tour bus passes the Wall Street bull in the financial district January 22, 2007 in New York City.Getty Images
What a morning! We have Greece with a 436 million euro bond coming due next Tuesday, Spanish authorities want higher loan loss provisions against bad debts (more dilution for... |
5f4f25a0d4c80cb7f7fa86958e856219 | https://www.cnbc.com/2012/05/11/earnings-to-watch-tgt-wmt-more.html | Earnings to Watch: TGT, WMT & More | Earnings to Watch: TGT, WMT & More
With a parade of major retailers and some smaller tech firms on tap to post earnings next week, check out what analysts expect and how to trade some of the top companies.
MONDAY - Groupon
"I don’t even understand what’s so great about their business model. At the end of the day, they ... |
23d6c7d170f99b65b9b3766ee24948c3 | https://www.cnbc.com/2012/05/11/europe-shares-seen-lower-on-greek-worries-jpmorgan.html | Europe Shares Seen Lower on Greek Worries, JPMorgan | Europe Shares Seen Lower on Greek Worries, JPMorgan
European shares are expected open the final day of the trading week lower as the Greek political wrangling continues to weigh on investor sentiment.
Comstock | Getty Images
The UK’s FTSE 100 is expected to open the day lower by 23 points, and Germany’s DAX is seen dow... |
26099a9c246e92373c34c14263651fcb | https://www.cnbc.com/2012/05/11/fallout-from-jpmorgan-mess-will-not-be-good.html | Fallout From JPMorgan Mess Will Not Be Good | Fallout From JPMorgan Mess Will Not Be Good
JP Morgan Chase headquartersBloomberg | Getty Images
Risk management is still no science. Is it not ironic that JPMorgan Chase announced a in the chief investment office, which is designed to hedge risk for the entire organization. There may be more. They re-hedged synthetic... |
81ba838ba1ca5f838a9a58a12cc8fc50 | https://www.cnbc.com/2012/05/11/fbi-to-blitz-public-with-economic-espionage-ads.html | FBI to Blitz Public With Economic Espionage Ads | FBI to Blitz Public With Economic Espionage Ads
Today, the FBI is doing something it rarely does — talking, in public, about spies.
In a nationwide advertising campaign launching today that includes bus shelters, billboards and a website, the FBI is targeting corporate espionage — and encouraging employees of American ... |
6e9ee47d9a0ceb90a09f59a54f3c226d | https://www.cnbc.com/2012/05/11/former-fdic-chief-several-banks-too-big-to-fail.html | Former FDIC Chief: Several Banks ‘Too Big to Fail’ | Former FDIC Chief: Several Banks ‘Too Big to Fail’
Oliver Quillia for cnbc.com
Following news this week that JPMorgan Chase on a bad hedging strategy, former FDIC Chairman Bill Isaac on Friday urged U.S policies to prevent banks that are “too big to fail.”
“I would agree that we have a number of banks in the country th... |
b7071e74dc9ab2e164f1c84d9ca37ece | https://www.cnbc.com/2012/05/11/gartman-rogue-trader-scenario-unlikely-in-jpmorgan-loss.html | Gartman: ‘Rogue’ Trader Scenario Unlikely in JPMorgan Loss | Gartman: ‘Rogue’ Trader Scenario Unlikely in JPMorgan Loss
The $2 billion trading loss announced by JPMorgan Chase on Thursday as a result of a failed hedging strategy does not bear the earmarks of coming from only a “rogue” trader, and developments that follow are more likely to get worse for the Wall Street bank rath... |
c0ae6fa20213bf074bb62d82b61a0236 | https://www.cnbc.com/2012/05/11/how-to-trade-the-greek-crisis-now.html | Money in Motion | Money in Motion
No two ways about it, Greece is in a mess. Here's how to trade the crisis as it stands now.
If you think about it, a euro zone country that can't put together a new governing coalition, and has serious problems keeping up with its bond payments, ought to be seriously weighing on the value of the euro. A... |
fb480f965630060a786a3c7bb62ea365 | https://www.cnbc.com/2012/05/11/is-apples-golden-goose-about-to-be-cooked.html | Is Apple’s Golden Goose About to Be Cooked? | Is Apple’s Golden Goose About to Be Cooked?
Verizon iPhone 4Don Emmert | AFP | Getty Images
Even though Apple reported record second-quarter revenue and earnings, shares have given back all of their gains and then some. We now may have a reason why: It looks like the carriers are starting to fight back.
Apple depends s... |
20da66b5bac4cb7d1320b0911ec8ba45 | https://www.cnbc.com/2012/05/11/microsofts-new-bing-design-brings-facebook-friends-to-search.html | Microsoft's New Bing Design Brings Facebook Friends to Search | Microsoft's New Bing Design Brings Facebook Friends to Search
Bing.comSource: Bing.com
Microsoft is going social with the latest rollout of its search engine Bing that makes Facebook its key component.
Microsoft is touting Bing's newly redesigned interface as a way "to save time and get things done more quickly." By us... |
d70c5d0e11d62922eefa9e0d7b86525f | https://www.cnbc.com/2012/05/11/obamas-responsible-reno-homeowners-are-they.html | Obama’s ‘Responsible’ Reno Homeowners: Are They? | Obama’s ‘Responsible’ Reno Homeowners: Are They?
CNBC.com
As part of his “To Do List,” President Barack Obama visited Val and Paul Keller on Friday. The White House described them as “responsible” homeowners who owe more on their mortgage than their Nevada home is currently worth.
They owe $168,000 on their mortgage, b... |
d62fa3b01e21f00d0e9db560a79c6c6a | https://www.cnbc.com/2012/05/11/pimcos-gross-jpmorgan-one-of-the-bestrun-banks.html | Pimco's Gross: JPMorgan 'One of the Best-Run Banks' | Pimco's Gross: JPMorgan 'One of the Best-Run Banks'
One day after JPMorgan Chase announced that it had suffered a of at least $2 billion, Bill Gross, Pimco's managing director and co-CIO, told CNBC that it was still one of the “best-run banks in the world.”
Getty Images
“It’s got $120 billion of Tier-1 capital,” he sa... |
aa4b7c904619d7a072ae05f6c83a5563 | https://www.cnbc.com/2012/05/11/stocks-to-watch-vz-t-sne-more.html | Stocks to Watch: VZ, T, SNE & More | Stocks to Watch: VZ, T, SNE & More
Take a look at some of Friday's midday movers:
Verizon and AT&T - Both telecom giants traded near fou-year highs following an upgrade from Credit Suisse.
Leap Wireless International - Shares jumped as investors bet that the company could be acquired by AT&T.
Sony - The stock plunge... |
c3bd9f6b05247872a66e3ca3eeaade79 | https://www.cnbc.com/2012/05/11/ten-big-questions-for-jpmorgan.html | Ten Big Questions for JPMorgan | Ten Big Questions for JPMorgan
JPMorgan Chase, the largest U.S. bank in terms of assets, revealed on Thursday that it suffered a trading loss of from a what it described as a failed hedging strategy.
JP Morgan Chase headquartersBloomberg | Getty Images
The news has sparked intense speculation about what caused the los... |
f9a6337e0a1f0bb0b0ac913f577d0344 | https://www.cnbc.com/2012/05/11/the-jpmorgan-hit-what-wall-streets-saying.html | The JPMorgan Hit: What Wall Street’s Saying ... | The JPMorgan Hit: What Wall Street’s Saying ...
The disclosure that banking giant JPMorgan Chase would have a trading because of some "egregious" derivative bets by one of its units prompted shock and disbelief throughout Wall Street.
Below is a sampling of some of the comments and notes from various analysts at inves... |
dbe96b7e8464e61e54782f0b737a1f32 | https://www.cnbc.com/2012/05/11/video-gov-walker-spoke-of-divide-and-conquer.html | Election 2012 | Election 2012
Newly released documentary film footage from January 2011 shows Wisconsin Gov. Scott Walker describing a "divide and conquer" strategy for going after the state's public employee unions that would begin with going after their collective bargaining rights.
Wisconsin Governor, Scott WalkerJewel Samad | AFP ... |
faf45c4ba30e7818b49ebe9938177713 | https://www.cnbc.com/2012/05/11/visiting-the-frugal-promised-land-business-class.html | Visiting the Frugal Promised Land: Business Class | Visiting the Frugal Promised Land: Business Class
No sooner had the captain turned off the “fasten seat belt” sign than the flight attendant on Air Pacific Flight 411, headed from Fiji to New Zealand, performed the same dispiriting act I’ve seen dozens of times around the world: He drew together and Velcroed the flimsy... |
f10f316431f1984b996b06cae3985d56 | https://www.cnbc.com/2012/05/11/worlds-secondoldest-profession-goes-online.html | World's Second-Oldest Profession Goes Online | World's Second-Oldest Profession Goes Online
Todd Hill took a 3,000-year-old offline business and brought it into the digital age. Hill, a 25-year veteran of the pawn industry, made the leap from running a 30-store brick-and-mortar operation in Colorado and Utah to the online world in 2009 when he founded Pawngo.com, t... |
317798ce5917f97567fd9593ff10cadb | https://www.cnbc.com/2012/05/11/your-first-move-for-monday-may-14th.html | Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.
Patty Edwards recommends longPVH Pete Najarian suggests long Nuance.
Steve Grasso prefers long Sprint . (Read more about this trade. Click here to go to "3 Stocks With Hidden Upside".)
Jon Najarian recommends longMicrosoft due to b... | |
971e444f2e574f98c6b199ab1adaaf8d | https://www.cnbc.com/2012/05/12/a-generation-hobbled-by-the-soaring-cost-of-college.html | A Generation Hobbled by the Soaring Cost of College | A Generation Hobbled by the Soaring Cost of College
Kelsey Griffith graduates on Sunday from Ohio Northern University. To start paying off her $120,000 in student debt, she is already working two restaurant jobs and will soon give up her apartment here to live with her parents. Her mother, who co-signed on the loans, i... |
d97697775312a623386cd6355480446f | https://www.cnbc.com/2012/05/12/facebooks-early-days-i-was-about-to-just-can-it.html | Facebook's Early Days: 'I Was About to Just Can It' | Facebook's Early Days: 'I Was About to Just Can It'
Long before Facebook became a verb and its IPOsparked a scramble for its shares, it was just another site that college campuses tend to incubate.
FacebookGetty Images
Many wondered if it would be merely a fad. Even its founder, Mark Zuckerberg, questioned why it was g... |
52c55fec966a111f563186b8428c9ee8 | https://www.cnbc.com/2012/05/12/greece-lurches-towards-new-vote-hard-left-leads.html | Greece Lurches Towards New Vote, Hard Left Leads | Greece Lurches Towards New Vote, Hard Left Leads
Greece's president summoned party leaders on Saturday for one final attempt to avert new elections, but the effort looked doomed to fail after politicians deeply divided over austerity plans said they would stick to their guns.
The Greek national flag is seen flying abov... |
09f9822027aba73332da419e9ab49d14 | https://www.cnbc.com/2012/05/12/in-jpmorgan-chase-trading-bet-its-confidence-yields-to-loss.html | In JPMorgan Chase Trading Bet, Its Confidence Yields to Loss | In JPMorgan Chase Trading Bet, Its Confidence Yields to Loss
When reports emerged in the first week of April that a JPMorgan Chase trader in London was making bets so big they were distorting a little-known market in credit derivatives, an embedded regulator approached executives.
Jamie DimonScott Eells | Bloomberg | G... |
d69c1e249814611ada9125e5a3c1ad00 | https://www.cnbc.com/2012/05/12/jpmorgan-sought-loophole-on-risky-trading.html | JPMorgan Sought Loophole on Risky Trading | JPMorgan Sought Loophole on Risky Trading
Soon after lawmakers finished work on the nation’s new financial regulatory law, a team of JPMorgan Chase lobbyists descended on Washington. Their goal was to obtain special breaks that would allow banks to make big bets in their portfolios, including some of the types of tradi... |
2cbb85592c9242f7a3e0b221336c488f | https://www.cnbc.com/2012/05/12/whos-who-in-the-egyptian-presidential-race.html | Who's Who in the Egyptian Presidential Race | Who's Who in the Egyptian Presidential Race
Egypt votes for a new president on May 23 and 24, with a runoff expected later in June. Here is an overview of some of the major candidates of the 13 in the running.
Egypt, Cairo, Sultan Hussan Mosque at sunsetNabeel Turner | Stone | Getty Images
Amr Moussa
Opinion polls of l... |
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