PIMCO's Lehman Losses

Skip navigation #headerOverlay{ color: #ccd6df; font-size:11px; line-height:130%; } #headerOverlay strong{ color: #ffd226; } #headerOverlay a {color:#ccd6df;text-decoration:none;} #headerOverlay a:hover {color:#ffd226;} #headerOverlay a:visited {color:#ccd6df;} #headerOverlay a:visited:hover {color:#ffd226;} Symbol Lookup onloadAutoSuggest(); var pgValue = "CNBSEB"; var cmsKeyWord = "alternative investing"; var cmsNewPG = "CNBWAB"; if ((cmsKeyWord.length > 0) && (cmsNewPG.length > 0)) { var newPG = cmsNewPG.split(';'); var group = cmsKeyWord.split(';'); if (newPG.length == group.length) { var description = cnbc_pagedesc.toLowerCase(); for(var x = 0; x < group.length; x++) { var keyWord = group[x].split('|'); for (var j = 0; j < keyWord.length; j++) { if (description.indexOf(keyWord[j].toLowerCase()) != -1) { pgValue = newPG[x]; j = keyWord.length; x = group.length; }}}}} if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(88,31,pgValue); } else { dapMgr.enableACB("SearchBox88x31",false); dapMgr.renderAd("SearchBox88x31","&PG=" + pgValue + "&AP=1071&PN=CNBC",88,31); } cnbc_displayUsername("cnbc_usertime","cnbc_username");RegisterSign InMember CenterSign OutRegistercnbc_toggleUserState();HOMENEWSMARKETSEARNINGSINVESTINGSMALL BUSINESSVIDEOCNBC TVCNBC PROU.S.Asia-PacificEuropeEconomyEnergyPoliticsTechnologyBlogsSlideshowsSpecial Reports if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(728,90,"CNBGE7"); } else { dapMgr.enableACB("USNewsBlogs728",false); dapMgr.renderAd("USNewsBlogs728","&PG=CNBGE7&AP=1390&PN=CNBC",728,90); } NetOccupationally Hazardous. var cnbcSubHeaderId = document.getElementById('subheader_'+ 38911124); cnbcSubHeaderId.innerHTML = document.getElementById('renderReaderContent').innerHTML; Current DateTime: 11:33:44 16 Dec 2011LinksList Documentid: 45166246Central Banks to the Rescue? What Their Action Means cnbc_commentCountMapObj.cnbc_commentCountMap_put("45492184", "45166246_1","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45492184", "45166246_1","cnbcCommentsTxt" ); Where in the World Is Jon Corzine? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45508369", "45166246_2","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45508369", "45166246_2","cnbcCommentsTxt" ); Is Germany in Trouble? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45416018", "45166246_3","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45416018", "45166246_3","cnbcCommentsTxt" ); How High Should Taxes Get on the Wealthy? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45402737", "45166246_4","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45402737", "45166246_4","cnbcCommentsTxt" ); Has the Bank Run Begun in Europe? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45417735", "45166246_5","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45417735", "45166246_5","cnbcCommentsTxt" ); Five Reasons for Investors to Head for the Sidelines cnbc_commentCountMapObj.cnbc_commentCountMap_put("45356877", "45166246_6","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45356877", "45166246_6","cnbcCommentsTxt" ); Are Traders Cheering For the Market to Go Down? cnbc_commentCountMapObj.cnbc_commentCountMap_put("44775219", "45166246_7","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("44775219", "45166246_7","cnbcCommentsTxt" ); The Fed Wants to Be Your Facebook Friend cnbc_commentCountMapObj.cnbc_commentCountMap_put("44701381", "45166246_8","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("44701381", "45166246_8","cnbcCommentsTxt" ); MF Global's Bad Check cnbc_commentCountMapObj.cnbc_commentCountMap_put("45404102", "45166246_9","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45404102", "45166246_9","cnbcCommentsTxt" ); Translating Bill Gross: The Debt Trap cnbc_commentCountMapObj.cnbc_commentCountMap_put("45106677", "45166246_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45106677", "45166246_10","cnbcCommentsTxt" ); if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(300,900,"CNBGE3"); } else { dapMgr.enableACB("USNewsBlogs300x250",false); dapMgr.renderAd("USNewsBlogs300x250","&PG=CNBGE3&AP=&PN=CNBC",300,900); } Current DateTime: 11:33:44 16 Dec 2011LinksList Documentid: 38910464Expiration DateTime: 12/16/2011 11:36:44 AM cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910464_1","cnbcCommentsTxt" ); The Hottest Question in Europe: Did The ECB Just Pull Off A Back-Door Bailout That Will End the Crisis? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45697069", "38910464_1","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45697069", "38910464_1","cnbcCommentsTxt" ); Europe's Periphery Already Shut Out of Credit Markets cnbc_commentCountMapObj.cnbc_commentCountMap_put("45696361", "38910464_2","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45696361", "38910464_2","cnbcCommentsTxt" ); Europe Wakes Up to Monetary Contraction cnbc_commentCountMapObj.cnbc_commentCountMap_put("45687345", "38910464_3","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45687345", "38910464_3","cnbcCommentsTxt" ); Why Gold Prices Are Falling Again cnbc_commentCountMapObj.cnbc_commentCountMap_put("45686175", "38910464_4","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45686175", "38910464_4","cnbcCommentsTxt" ); The 'Romance' of Homelessness in NYC cnbc_commentCountMapObj.cnbc_commentCountMap_put("45684752", "38910464_5","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45684752", "38910464_5","cnbcCommentsTxt" ); Europe's Problem: Bad Investments cnbc_commentCountMapObj.cnbc_commentCountMap_put("45683795", "38910464_6","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45683795", "38910464_6","cnbcCommentsTxt" ); WAKE UP: The Government Might Really Shut Down This Time cnbc_commentCountMapObj.cnbc_commentCountMap_put("45683527", "38910464_7","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45683527", "38910464_7","cnbcCommentsTxt" ); The Size of the Bank Bailout: $29 Trillion cnbc_commentCountMapObj.cnbc_commentCountMap_put("45674390", "38910464_8","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45674390", "38910464_8","cnbcCommentsTxt" ); Trader: Here's The Next Move That Will Screw Up Investors   cnbc_commentCountMapObj.cnbc_commentCountMap_put("45673211", "38910464_9","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45673211", "38910464_9","cnbcCommentsTxt" ); The Social Security Trust Fund Fiction Isn't a Scandal cnbc_commentCountMapObj.cnbc_commentCountMap_put("45672297", "38910464_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45672297", "38910464_10","cnbcCommentsTxt" ); Sexual Harassment: The Uninvited Holiday Party Guest cnbc_commentCountMapObj.cnbc_commentCountMap_put("45672148", "38910464_11","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45672148", "38910464_11","cnbcCommentsTxt" ); Wall Street Women and Plastic Surgery cnbc_commentCountMapObj.cnbc_commentCountMap_put("45669839", "38910464_12","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45669839", "38910464_12","cnbcCommentsTxt" ); Why the Social Security Tax Fight Is Stupid cnbc_commentCountMapObj.cnbc_commentCountMap_put("45668349", "38910464_13","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45668349", "38910464_13","cnbcCommentsTxt" ); Rep. Grimm: Feds Will Come Close to Finding All the MF Money But Not Recover Every Penny cnbc_commentCountMapObj.cnbc_commentCountMap_put("45668675", "38910464_14","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45668675", "38910464_14","cnbcCommentsTxt" ); A Radical Solution for Europe's Debt Problem cnbc_commentCountMapObj.cnbc_commentCountMap_put("45658896", "38910464_15","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45658896", "38910464_15","cnbcCommentsTxt" ); Do Republicans Care About Budget Deficits? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45658543", "38910464_16","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45658543", "38910464_16","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910464_1","cnbcCommentsTxt" ); Email: document.write("");document.write("NetNet"+"@"+"cnbc.com");document.write('');Call: 201-735-iNet (4638)Text Message: Text NETNET followed by your tip to 26221. Current DateTime: 11:33:44 16 Dec 2011LinksList Documentid: 39085620FacebookTwitterRSSCurrent DateTime: 11:33:44 16 Dec 2011LinksList Documentid: 38852222John Carney

Runs this joint.

Cadie Thompson

Really, really runs this joint.

Jeff Cox

A senior writer for CNBC.com, covering the gamut of issues affecting the stock market and the economy.

Stephanie Landsman

Squawk Boxer Rebel.

Lori Spechler

A Senior Editor at CNBC, commodity trader in a former life.

Lori Ann LaRocco

A Senior Talent Producer at CNBC.

Current DateTime: 11:33:44 16 Dec 2011LinksList Documentid: 43730562The Faces of 'Occupy Wall Street'

Occupy Wall Street has attracted people from all backgrounds.

The Greatest Trades of All Time

The following list of people showcases some of the greatest trades in the business.

Rogue Trading: A How-To Guide

There's a surprisingly consistent pattern to all these rogue traders.

25 Things Every Wall Street Intern Should Know

Some words of wisdom for all the Wall Street Interns this summer.

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setDefault('cnbc_textbody');Pimco's Lehman Losses Published: Tuesday, 7 Jun 2011 | 11:02 AM ET Text Size By: John CarneySenior Editor, CNBC.com #divButtons .gig-button-container-facebook-like {margin-right:-2px;} #divButtons .gig-button-container-twitter {margin-right:15px;} #divButtons .gig-button-container-google-plusone {margin-right:-16px;} #divButtons .gig-button-container-linkedin {margin-right:17px;} var params ={ userAction:ua, shareButtons: [{provider:'facebook-like',action:'recommend'},{provider:'twitter'},{provider:'google-plusone'},{provider:'linkedin'},{provider:'share',enableCount:false}], containerID: 'divButtons'} if (navigator.userAgent.indexOf("MSIE 6") cnbc_init_droparrows('menu_arrow_','img',cur_navSect); cnbc_getCommentsCount(cnbc_commentCountStr) ; Current DateTime: 11:33:27 16 Dec 2011LinksList Documentid: 29778429CNBC NEWSU.S. NewsAsia-Pacific NewsEurope NewsEconomyEnergyGreenTechnologyBlogsWiresSlideshowsSpecial ReportsCorrections Current DateTime: 08:40:20 16 Dec 2011LinksList Documentid: 29778428MARKETSPre-MarketsWorld MarketsStocksDow 30CommoditiesCurrenciesBondsFunds Current DateTime: 12:28:57 16 Dec 2011LinksList Documentid: 29779196EARNINGSNewsCalendarSurprisesHighlightsIdeas Current DateTime: 11:15:50 16 Dec 2011LinksList Documentid: 29779197INVESTINGStock BlogPersonal FinancePortfolio (Beta)WatchlistStock ScreenerFund ScreenerEarnings Screener Current DateTime: 12:26:18 16 Dec 2011LinksList Documentid: 29779200VIDEOLatest VideoTop VideoU.S. VideoAsia-Pacific VideoEurope VideoCEO InterviewsAnalyst InterviewsCNBC ProCurrent DateTime: 12:29:19 16 Dec 2011LinksList Documentid: 29779199CNBC TVCNBC U.S.CNBC Asia-PacificCNBC EuropeCNBC WorldCNBC HD+Channel FinderCurrent DateTime: 08:24:04 16 Dec 2011LinksList Documentid: 29779198MORECNBC 360CNBC Mobile WebsiteRSSReal-Time Quotes and Extended HoursLatest Press ReleasesAbout CNBC  |  Site Map  |  Video Reprints   |  Advertise  |  Help  |  ContactPrivacy Policy  |   div.FOOTMC_BI {padding: 5px 10px 5px 10px; text-align:left; line-height:25px;} a#_bapw-link span {margin: 0 0 0 5px !important;}   |  Terms of Service  |  Independent Programming Report  Data is a real-time snapshot  *Data is delayed at least 15 minutesGlobal Business and Financial News, Stock Quotes, and Market Data and Analysis© 2011 CNBC LLC.  All Rights Reserved. var scodePath = cnbc_tickerDataPath + "/js/s_code.js"; s_linkInternalFilters="javascript:,cnbc.com"; var s_account="nbcuglobal, nbcucnbcd, nbcucnbcbu"; var s_prop8 ="cnbc"; var s_prop9 ="cnbc.com"; var s_prop10=cnbc_sectionName; var s_prop31=cnbc_topSection; var s_prop32=cnbc_subSection; var s_prop33=cnbc_subSubSection; var s_prop34=cnbc_microSection; var s_prop35=cnbc_nanoSection; var s_prop36=cnbc_docid; var s_prop37=cnbc_doctype; var s_prop38=cnbc_doclayout; var s_prop39=cnbc_docsource; document.write(''); try { cnbc_init_services(); cnbc_highlightSubText(cnbc_docid,"sub_active"); } catch(e){} cnbcSwitchOnRemember("cnbcStreamQuoteMasterToggleRememberSwitch"); setTimeout("cnbc_comboQuoteMoveRun()",10); if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(1,1,"CNBNE0"); } else { dapMgr.enableACB("news1x1",false); dapMgr.renderAd("news1x1","&PG=CNBNE0&AP=&PN=CNBC",1,1); }

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Skip navigation #headerOverlay{ color: #ccd6df; font-size:11px; line-height:130%; } #headerOverlay strong{ color: #ffd226; } #headerOverlay a {color:#ccd6df;text-decoration:none;} #headerOverlay a:hover {color:#ffd226;} #headerOverlay a:visited {color:#ccd6df;} #headerOverlay a:visited:hover {color:#ffd226;} Symbol Lookup onloadAutoSuggest(); var pgValue = "CNBSEB"; var cmsKeyWord = "alternative investing"; var cmsNewPG = "CNBWAB"; if ((cmsKeyWord.length > 0) && (cmsNewPG.length > 0)) { var newPG = cmsNewPG.split(';'); var group = cmsKeyWord.split(';'); if (newPG.length == group.length) { var description = cnbc_pagedesc.toLowerCase(); for(var x = 0; x < group.length; x++) { var keyWord = group[x].split('|'); for (var j = 0; j < keyWord.length; j++) { if (description.indexOf(keyWord[j].toLowerCase()) != -1) { pgValue = newPG[x]; j = keyWord.length; x = group.length; }}}}} if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(88,31,pgValue); } else { dapMgr.enableACB("SearchBox88x31",false); dapMgr.renderAd("SearchBox88x31","&PG=" + pgValue + "&AP=1071&PN=CNBC",88,31); } cnbc_displayUsername("cnbc_usertime","cnbc_username");RegisterSign InMember CenterSign OutRegistercnbc_toggleUserState();HOMENEWSMARKETSEARNINGSINVESTINGSMALL BUSINESSVIDEOCNBC TVCNBC PROU.S.Asia-PacificEuropeEconomyEnergyPoliticsTechnologyBlogsSlideshowsSpecial Reports if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(728,90,"CNBGE7"); } else { dapMgr.enableACB("USNewsBlogs728",false); dapMgr.renderAd("USNewsBlogs728","&PG=CNBGE7&AP=1390&PN=CNBC",728,90); } NetOccupationally Hazardous. var cnbcSubHeaderId = document.getElementById('subheader_'+ 38911124); cnbcSubHeaderId.innerHTML = document.getElementById('renderReaderContent').innerHTML; Current DateTime: 11:33:44 16 Dec 2011LinksList Documentid: 45166246Central Banks to the Rescue? What Their Action Means cnbc_commentCountMapObj.cnbc_commentCountMap_put("45492184", "45166246_1","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45492184", "45166246_1","cnbcCommentsTxt" ); Where in the World Is Jon Corzine? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45508369", "45166246_2","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45508369", "45166246_2","cnbcCommentsTxt" ); Is Germany in Trouble? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45416018", "45166246_3","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45416018", "45166246_3","cnbcCommentsTxt" ); How High Should Taxes Get on the Wealthy? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45402737", "45166246_4","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45402737", "45166246_4","cnbcCommentsTxt" ); Has the Bank Run Begun in Europe? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45417735", "45166246_5","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45417735", "45166246_5","cnbcCommentsTxt" ); Five Reasons for Investors to Head for the Sidelines cnbc_commentCountMapObj.cnbc_commentCountMap_put("45356877", "45166246_6","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45356877", "45166246_6","cnbcCommentsTxt" ); Are Traders Cheering For the Market to Go Down? cnbc_commentCountMapObj.cnbc_commentCountMap_put("44775219", "45166246_7","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("44775219", "45166246_7","cnbcCommentsTxt" ); The Fed Wants to Be Your Facebook Friend cnbc_commentCountMapObj.cnbc_commentCountMap_put("44701381", "45166246_8","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("44701381", "45166246_8","cnbcCommentsTxt" ); MF Global's Bad Check cnbc_commentCountMapObj.cnbc_commentCountMap_put("45404102", "45166246_9","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45404102", "45166246_9","cnbcCommentsTxt" ); Translating Bill Gross: The Debt Trap cnbc_commentCountMapObj.cnbc_commentCountMap_put("45106677", "45166246_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45106677", "45166246_10","cnbcCommentsTxt" ); if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(300,900,"CNBGE3"); } else { dapMgr.enableACB("USNewsBlogs300x250",false); dapMgr.renderAd("USNewsBlogs300x250","&PG=CNBGE3&AP=&PN=CNBC",300,900); } Current DateTime: 11:33:44 16 Dec 2011LinksList Documentid: 38910464Expiration DateTime: 12/16/2011 11:36:44 AM cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910464_1","cnbcCommentsTxt" ); The Hottest Question in Europe: Did The ECB Just Pull Off A Back-Door Bailout That Will End the Crisis? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45697069", "38910464_1","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45697069", "38910464_1","cnbcCommentsTxt" ); Europe's Periphery Already Shut Out of Credit Markets cnbc_commentCountMapObj.cnbc_commentCountMap_put("45696361", "38910464_2","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45696361", "38910464_2","cnbcCommentsTxt" ); Europe Wakes Up to Monetary Contraction cnbc_commentCountMapObj.cnbc_commentCountMap_put("45687345", "38910464_3","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45687345", "38910464_3","cnbcCommentsTxt" ); Why Gold Prices Are Falling Again cnbc_commentCountMapObj.cnbc_commentCountMap_put("45686175", "38910464_4","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45686175", "38910464_4","cnbcCommentsTxt" ); The 'Romance' of Homelessness in NYC cnbc_commentCountMapObj.cnbc_commentCountMap_put("45684752", "38910464_5","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45684752", "38910464_5","cnbcCommentsTxt" ); Europe's Problem: Bad Investments cnbc_commentCountMapObj.cnbc_commentCountMap_put("45683795", "38910464_6","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45683795", "38910464_6","cnbcCommentsTxt" ); WAKE UP: The Government Might Really Shut Down This Time cnbc_commentCountMapObj.cnbc_commentCountMap_put("45683527", "38910464_7","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45683527", "38910464_7","cnbcCommentsTxt" ); The Size of the Bank Bailout: $29 Trillion cnbc_commentCountMapObj.cnbc_commentCountMap_put("45674390", "38910464_8","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45674390", "38910464_8","cnbcCommentsTxt" ); Trader: Here's The Next Move That Will Screw Up Investors   cnbc_commentCountMapObj.cnbc_commentCountMap_put("45673211", "38910464_9","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45673211", "38910464_9","cnbcCommentsTxt" ); The Social Security Trust Fund Fiction Isn't a Scandal cnbc_commentCountMapObj.cnbc_commentCountMap_put("45672297", "38910464_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45672297", "38910464_10","cnbcCommentsTxt" ); Sexual Harassment: The Uninvited Holiday Party Guest cnbc_commentCountMapObj.cnbc_commentCountMap_put("45672148", "38910464_11","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45672148", "38910464_11","cnbcCommentsTxt" ); Wall Street Women and Plastic Surgery cnbc_commentCountMapObj.cnbc_commentCountMap_put("45669839", "38910464_12","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45669839", "38910464_12","cnbcCommentsTxt" ); Why the Social Security Tax Fight Is Stupid cnbc_commentCountMapObj.cnbc_commentCountMap_put("45668349", "38910464_13","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45668349", "38910464_13","cnbcCommentsTxt" ); Rep. 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Current DateTime: 11:33:44 16 Dec 2011LinksList Documentid: 39085620FacebookTwitterRSSCurrent DateTime: 11:33:44 16 Dec 2011LinksList Documentid: 38852222John Carney

Runs this joint.

Cadie Thompson

Really, really runs this joint.

Jeff Cox

A senior writer for CNBC.com, covering the gamut of issues affecting the stock market and the economy.

Stephanie Landsman

Squawk Boxer Rebel.

Lori Spechler

A Senior Editor at CNBC, commodity trader in a former life.

Lori Ann LaRocco

A Senior Talent Producer at CNBC.

Current DateTime: 11:33:44 16 Dec 2011LinksList Documentid: 43730562The Faces of 'Occupy Wall Street'

Occupy Wall Street has attracted people from all backgrounds.

The Greatest Trades of All Time

The following list of people showcases some of the greatest trades in the business.

Rogue Trading: A How-To Guide

There's a surprisingly consistent pattern to all these rogue traders.

25 Things Every Wall Street Intern Should Know

Some words of wisdom for all the Wall Street Interns this summer.

Current DateTime: 11:33:44 16 Dec 2011LinksList Documentid: 38910635Expiration DateTime: 12/16/2011 11:36:35 AM cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910635_1","cnbcCommentsTxt" ); Mortgage-Backed Securities Are Good Bet Now: Gross cnbc_commentCountMapObj.cnbc_commentCountMap_put("45697317", "38910635_1","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45697317", "38910635_1","cnbcCommentsTxt" ); Bank Layoffs Far From Over: 150,000 Likely in 2012: Bove cnbc_commentCountMapObj.cnbc_commentCountMap_put("45696542", "38910635_2","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45696542", "38910635_2","cnbcCommentsTxt" ); Europe Unlikely to Fix Crisis, Ratings May Be Cut: Fitch cnbc_commentCountMapObj.cnbc_commentCountMap_put("45699896", "38910635_3","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45699896", "38910635_3","cnbcCommentsTxt" ); House Passes $1 Trillion Budget Bill, Avoids Shutdown cnbc_commentCountMapObj.cnbc_commentCountMap_put("45700163", "38910635_4","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45700163", "38910635_4","cnbcCommentsTxt" ); Fannie, Freddie Ex-Officials Are Accused of Fraud cnbc_commentCountMapObj.cnbc_commentCountMap_put("45697425", "38910635_5","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45697425", "38910635_5","cnbcCommentsTxt" ); Why Zynga's Long-Awaited Stock Offering Fell So Flat cnbc_commentCountMapObj.cnbc_commentCountMap_put("45698978", "38910635_6","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45698978", "38910635_6","cnbcCommentsTxt" ); France Downgrade Would Hit All of Europe: Analysts cnbc_commentCountMapObj.cnbc_commentCountMap_put("45413354", "38910635_7","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45413354", "38910635_7","cnbcCommentsTxt" ); Outrageous Predictions: A Third-Party President? cnbc_commentCountMapObj.cnbc_commentCountMap_put("45683288", "38910635_8","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45683288", "38910635_8","cnbcCommentsTxt" ); Jobs Outlook Improving: 'Hiring Activity Has Picked Up' cnbc_commentCountMapObj.cnbc_commentCountMap_put("45688341", "38910635_9","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("45688341", "38910635_9","cnbcCommentsTxt" ); Talking Numbers: Have Gold Prices Hit Bottom?  cnbc_commentCountMapObj.cnbc_commentCountMap_put("15840232?video=3000062608&play=1", "38910635_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("15840232?video=3000062608&play=1", "38910635_10","cnbcCommentsTxt" ); cnbc_commentCountMapObj.cnbc_commentCountMap_put("", "38910635_1","cnbcCommentsTxt" ); » HelpCurrent DateTime: 11:33:44 16 Dec 2011LinksList Documentid: 38851925Subscribe to this RSS feed

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setDefault('cnbc_textbody');Pimco's Lehman Losses Published: Tuesday, 7 Jun 2011 | 11:02 AM ET Text Size By: John CarneySenior Editor, CNBC.com #divButtons .gig-button-container-facebook-like {margin-right:-2px;} #divButtons .gig-button-container-twitter {margin-right:15px;} #divButtons .gig-button-container-google-plusone {margin-right:-16px;} #divButtons .gig-button-container-linkedin {margin-right:17px;} var params ={ userAction:ua, shareButtons: [{provider:'facebook-like',action:'recommend'},{provider:'twitter'},{provider:'google-plusone'},{provider:'linkedin'},{provider:'share',enableCount:false}], containerID: 'divButtons'} if (navigator.userAgent.indexOf("MSIE 6") cnbc_init_droparrows('menu_arrow_','img',cur_navSect); cnbc_getCommentsCount(cnbc_commentCountStr) ; Current DateTime: 11:33:27 16 Dec 2011LinksList Documentid: 29778429CNBC NEWSU.S. NewsAsia-Pacific NewsEurope NewsEconomyEnergyGreenTechnologyBlogsWiresSlideshowsSpecial ReportsCorrections Current DateTime: 08:40:20 16 Dec 2011LinksList Documentid: 29778428MARKETSPre-MarketsWorld MarketsStocksDow 30CommoditiesCurrenciesBondsFunds Current DateTime: 12:28:57 16 Dec 2011LinksList Documentid: 29779196EARNINGSNewsCalendarSurprisesHighlightsIdeas Current DateTime: 11:15:50 16 Dec 2011LinksList Documentid: 29779197INVESTINGStock BlogPersonal FinancePortfolio (Beta)WatchlistStock ScreenerFund ScreenerEarnings Screener Current DateTime: 12:26:18 16 Dec 2011LinksList Documentid: 29779200VIDEOLatest VideoTop VideoU.S. VideoAsia-Pacific VideoEurope VideoCEO InterviewsAnalyst InterviewsCNBC ProCurrent DateTime: 12:29:19 16 Dec 2011LinksList Documentid: 29779199CNBC TVCNBC U.S.CNBC Asia-PacificCNBC EuropeCNBC WorldCNBC HD+Channel FinderCurrent DateTime: 08:24:04 16 Dec 2011LinksList Documentid: 29779198MORECNBC 360CNBC Mobile WebsiteRSSReal-Time Quotes and Extended HoursLatest Press ReleasesAbout CNBC  |  Site Map  |  Video Reprints   |  Advertise  |  Help  |  ContactPrivacy Policy  |   div.FOOTMC_BI {padding: 5px 10px 5px 10px; text-align:left; line-height:25px;} a#_bapw-link span {margin: 0 0 0 5px !important;}   |  Terms of Service  |  Independent Programming Report  Data is a real-time snapshot  *Data is delayed at least 15 minutesGlobal Business and Financial News, Stock Quotes, and Market Data and Analysis© 2011 CNBC LLC.  All Rights Reserved. var scodePath = cnbc_tickerDataPath + "/js/s_code.js"; s_linkInternalFilters="javascript:,cnbc.com"; var s_account="nbcuglobal, nbcucnbcd, nbcucnbcbu"; var s_prop8 ="cnbc"; var s_prop9 ="cnbc.com"; var s_prop10=cnbc_sectionName; var s_prop31=cnbc_topSection; var s_prop32=cnbc_subSection; var s_prop33=cnbc_subSubSection; var s_prop34=cnbc_microSection; var s_prop35=cnbc_nanoSection; var s_prop36=cnbc_docid; var s_prop37=cnbc_doctype; var s_prop38=cnbc_doclayout; var s_prop39=cnbc_docsource; document.write(''); try { cnbc_init_services(); cnbc_highlightSubText(cnbc_docid,"sub_active"); } catch(e){} cnbcSwitchOnRemember("cnbcStreamQuoteMasterToggleRememberSwitch"); setTimeout("cnbc_comboQuoteMoveRun()",10); if (cnbc_DARTFlag=="new") { cnbc_DARTAdCall(1,1,"CNBNE0"); } else { dapMgr.enableACB("news1x1",false); dapMgr.renderAd("news1x1","&PG=CNBNE0&AP=&PN=CNBC",1,1); }

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