Maybe Banks Manipulated Treasury Bonds, Too
It seems quite plausible that the next round of big banks-rigging-things cases will be about rigging the Treasury auction market.
New Hire Roundup: Tiger 21 Names Garella San Francisco Chairwoman
This week in new hires, Tiger 21 named Julie Garella chairwoman of its San Francisco group, Eagle Asset Management brought in four new portfolio managers in Vermont, and Steven Young went to Citi Private Bank.
States Get $185 Million to Build Insurance Exchanges
HHS awarded $185 million to 13 states and the District of Columbia to help them build Affordable Insurance Exchanges—one stop marketplaces that let consumers pick a private health plan that mirrors choices offered to Congress.
Citigroup Shares Rise on U.S. Treasury's Sale Announcement
U.S. Treasury sells stake for $12 billion profit.
Jon Stewart, Economic Advisor?
Probably not, but Bloomberg reported Wednesday that Treasury Secretary Timothy Geithner met with comedian Jon Stewart - off the record - in April.
Stocks Drop on Higher Jobless Claims, Lower Philly Manufacturing
Troubling U.S. jobless claims figures and a lackluster manufacturing report out of the Philadelphia area drove the equities markets lower and Treasury prices higher as investors ran for cover in thin trading Thursday, August 19.
The Tumultuous 19th Century
On September 12, 1857, Commander William Lewis Herndon, in full uniform and with head bowed, stood by the wheel of the SS Central America as...
Banks and Market Manipulation
A simple look at any chart shows that even the government and big banks do not have superhuman powers, at least not unconditionally.
The Future is Not Past Perfect
The Wall Street Journal Journal of Indexes Forty years is the duration of the accumulation phase for most wage-earners. How was it that common stocks--the...
Congress Wary of Treasury Bailout Plan
Members of Congress pressed Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke to explain why lawmakers should move quickly--as early as Friday, September...