Wall Street Folly

• ‘Smoking gun’ memo reveals Toyota workers’ safety fears
• Fox holds ‘Wall Street’ sequel
• Goldman Deal-Maker Now Advocates Regulation
• Pali Capital: Lawsuits, poker and the death of a boutique bank Read the rest of this entry »

Tags: Autos, CFTC, Citigroup, Gary Gensler, Goldman Sachs, Gordon Gekko, implosions, Movies, Pali Capital, recalls, Toyota

Tags: Banks, CFTC, David Einhorn, Derivitaves, Elliot Associates, Gary Gensler, Greenlight Capital, Hedge funds, Murders, Paul Singer, Related Cos, Robert Kissel, Scandal, Stephen Ross

• SEC, CFTC May Sharpen Rules on Market Manipulation
• Schumer seeks SEC funding reform
• No Pity For Citi
• Governor Paterson says bonuses paid to Wall Street financial executives were good for state
• Buffett’s Berkshire Cuts Moody’s Stake Second Time in 2 Months
• S&P Parent McGraw-Hill, Moody’s Tumble on Lawsuit
• Deutsche Bank Chief Says Lenders Learned From Crisis
• Gold May Advance on Higher Prices, Weaker Dollar, Survey Shows
• Gold may touch $1,200 by end December – official Read the rest of this entry »

Tags: Apple, Bankruptcy, Bonuses, CFTC, Citigroup, Compensation, Credit Suisse, Deutsche Bank, Gold, Moody's, New York, Politics, S&P, SEC, Warren Buffett

Oh to have been a fly on the wall at this meeting:  Apparently frustrated over resistance to the Obama administration’s plans to revamp financial regulations, Treasury Secretary Tim Geithner treated an all-star cast of regulators attending a Treasury Department meeting last Friday to  an expletive deleted laced rant  according to the Wall Street Journal.  It’s not exactly clear what naughty words the potty mouthed Geithner spewed at the meeting, but they were apparently plentiful  — although supposedly not pointed at anyone specific (uh huh) –  that included Ben Bernanke, Sheila Bair, Mary Schapiro and Gary Gensler among others. Read the rest of this entry »

Tags: Ben Bernanke, CFTC, Did he really say that?, FDIC, Fed, Mary Schapiro, Politics, SEC, Sheila Bair, Tim Geithner, U.S. Treasury