The world is coming to an end but we can share it on Facebook?
Reasons why Facebook marks some kind of weird market top. 1.Round the clock coverage on CNBC and Bloomberg about the Facebook IPO and how much money everyone is making. 2.The largest tech (maybe any…
JP Morgan: Derivatives Now A Great Way To Lose Two Billion
With the bank down over 8% on the announcement of at least $2 billion in expected losses, JP Morgan's Jamie Diamond has some explaining to do. And simply saying that the incident "puts egg on their…
Fed concerned about European banks' U.S. units
(Reuters) - The Federal Reserve Bank is taking a closer look at the U.S. units of Europe's biggest banks, concerned that a euro zonedebt crisis could spill into the U.S. banking system, the Wall…