Former Merrill Head John Thain Defends Wall Street Compensation
No pointers on office redecoration, but the former Merrill CEO had plenty to say about the 2008 crisis, Wall Street compensation, the Fed and more.
Paulson: Ben Bernanke a ‘Hero’
Former Treasury secretary regrets not being able to better communicate the need for a Wall Street rescue.
Switzerland and FATCA: Broader Effects
While it would change some of Switzerland's business practices, the country’s acceptance of international standards would be to its advantage
PIMCO’s Gross, Roubini Slam Fed Over Possible Bubble
In his characteristically blunt assessment of the situation, NYU economist Nouriel Roubini told The Daily Ticker that “the mother of all bubbles has begun.”
Hedge Manager Einhorn to Apple: Show Me the Cash
Einhorn says "several hundred dollars per share would be unlocked" if Apple were to follow his plan.
Fairholme’s Berkowitz Hints at Mutual Fund Exit
Berkowitz is raising money for a partnership that takes minimum investments of $1 million.
Marc Faber: Keynesians Will Be Punished
Marc Faber says that "regardless of what the markets do, near-term, a correction is overdue" on the S&P 500.
Jeff Gundlach Investing Advice: Hold Cash, Fold Stocks
DoubleLine CEO warns of ‘Pavlovian response’ when turning to risky assets.
Bill Gross: Fed Action Means ‘Money for Nothing’
PIMCO's Bill Gross says the latest round of stimulus will enable Treasury to issue debt for no cost.
Greenspan: ‘Markets Will Crater’ With Fiscal Cliff
Former Fed chairman says moderate recession is ‘cheap price’ of coming crisis.