Forbes has long been the only outlet that tried to rank the wealthiest men and women in the world, according the Wall Street Journal. After all, finding out exactly how much the wealthy are worth is not an easy thing to do. Now Bloomberg has hired...
In an article in Fortune magazine, Colin Barr writes that Volcker's departure makes it even less likely that there will be any real reform on Wall Street. Obama already blew his big chance to make a lasting fix, but Volcker was the only...
Interesting behind-the-scenes look on MSNBC that notes who funded what. Hedge fund execs. in particular played a major role in raising money for Republican party candidates, many of whom have said they want to roll back Dodd-Frank.
If you're thinking about a career on Wall Street, and you think you might want to manage other people's money for a living, consider going the financial planning route. These days stockbrokers get no love, or money, and their hiring prospects aren...
Rules and incentives-based fixes to social and economic problems like the most recent banking disaster don't work, says Barry Schwartz, American psychologist and the Dorwin Cartwright Professor of Social Theory and Social Action at Swarthmore...
A UBS fund manager has quit the firm citing the uncertain future of the firms' wealth management business in the U.S. Rumors have long swirled that the head of the wealth management unit, Bob McCann, was brought in to fix it up so that it could be...
The US Trustee representing victims of Bernie Madoff's history-making swindle has sued 60 people and institutions around the globe for nearly $20 billion, according to the Financial Times. The list includes some of Italy's and Austria's biggest...
Under the House budget bill passed Wednesday, the Securities and Exchange Commission would get an additional $1.3 billion in funding for fiscal 2011, a 13 percent increase versus 2010 levels. The Senate still has to vote on a spending bill, and...
A video interview between Henry Blodget and Duke University professor and best-selling author of The Upside Of Irrationality Dan Ariely, via Clusterstock.
