Facebeook (FB) went public today and despite the most torrid hype in IPO history failed to rise above its offering price. Is that a sign that the IPO was priced just right or that without panic buying from its underwriters, it... more »
Against the sweeping morality tale of Lehman, the story of one analyst may seem trivial. But it’s a story central to post-crisis Wall Street, and to the regulators watching over it. Federal authorities today are ... more »
NEW YORK (MarketWatch) — And then there were none. J.P. Morgan Chase & Co. JPM -7.50% , the last bank on Wall Street with any semblance of industry dignity for how it managed and comported itself in the financial crisis, on... more »
If the best of breed can lose $2 billion on a single trade, then it raises the specter that the too big to fail banks did not learn their lesson from the 2008 meltdown. And it should strike fear in the heart and soul of every... more »
