Articles Written by:    JULIE SATOW     

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FOX Business Vs. CNBC: Who's Hotter? (SLIDESHOW)

What kind of sexist bu//sh*t is this?!?!?!?!?!?!? Why aren't they asking the same of the men? Deplorable. Every single one of them looks like a prostitute. What a silly, superficial, unimaginative post. What lazy "journalism." What slap in the face to ...

From JULIE SATOW, Huffington Post,  24 Jun 2009
Related Topics: FOX Broadcasting Company,  Maria Bartiromo

Busted: CNBC Sleaze Jim Cramer Blabs on How He Shorted Stocks and Manipulated Markets

-On manipulating the market: "A lot of times when I was short at my hedge fund, and I was positioned short, meaning I needed it down, I would create a level of activity before hand that could drive the futures," -On falsely creating the impression a ...

From JULIE SATOW, AlterNet.org,  12 Mar 2009
Related Topics: Tom Davis,  Jim Cramer

After the Congressional Failure

With Congress unable to pass the $700 billion bailout, it is likely that the next stop in the race to quell the market chaos will be the Federal Reserve. Expectations are rising that the Federal Open Market Committee could cut its benchmark lending ...

From JULIE SATOW, The New York Sun,  30 Sep 2008
Related Topics: Federal Reserve,  Merrill Lynch,  Standard Poor's

Talent Flight Feared by City Firms

With New York's top investment banks either converting into commercial banks or bankrupt, the city is poised to lose revenue and talent, industry analysts said. People walking past the New York Stock Exchange on September 26. The prediction is that ...

From JULIE SATOW, The New York Sun,  29 Sep 2008
Related Topics: Federal Reserve,  Morgan Stanley,  Goldman Sachs,  J.P. Morgan Chase & Co.,  Bank of America

Derivatives Pose New Wrinkle in Lehman Case

Bankruptcy lawyers and law professors are preparing for a journey into uncharted territory as the credit default swaps market gets dragged into the Lehman Brothers bankruptcy proceeding. "The courts have dealt with credit default swaps very ...

From JULIE SATOW, The New York Sun,  25 Sep 2008
Related Topics: Jay Westbrook (politician),  Lehman Brothers,  U.S. Congress,  Morgan Stanley,  American International Group

McCain Calls for Cox's Ouster

As the federal government works to create a new entity that would take financial services companies' bad assets off their balance sheets talk of which helped drive the Dow Jones Industrial Average up to its biggest percentage gain in nearly six years ...

From JULIE SATOW, The New York Sun,  19 Sep 2008
Related Topics: John McCain,  Christopher Cox,  Securities and Exchange Commission,  U.S. Republican Party,  Dow Jones

Ex-SEC Official Blames Agency for Blow-Up of Broker-Dealers

The Securities and Exchange Commission can blame itself for the current crisis. That is the allegation being made by a former SEC official, Lee Pickard, who says a rule change in 2004 led to the failure of Lehman Brothers, Bear Stearns, and Merrill ...

From JULIE SATOW, The New York Sun,  18 Sep 2008
Related Topics: Securities and Exchange Commission,  Merrill Lynch,  Morgan Stanley,  Lehman Brothers,  Goldman Sachs

Barclays Acquires $2b of Lehman Assets

Employees at Lehman are reporting that Robert "Bob" Diamond of the British bank Barclays stood on the trading floor of Lehman Brothers a few minutes ago, and is now going from floor to floor announcing a $2 billion acquisition of several of Lehman's ...

From JULIE SATOW, The New York Sun,  16 Sep 2008
Related Topics: Barclays

SEC Races Against Short Sellers

In an attempt to stanch the bloodletting on Wall Street, the Securities and Exchange Commission will rush to institute new rules as soon as this week to curb abusive short selling of stocks. Artist Geoffrey Raymond displays his portrait of Lehman ...

From JULIE SATOW, The New York Sun,  16 Sep 2008
Related Topics: Securities and Exchange Commission,  Lehman Brothers,  Merrill Lynch,  Federal Reserve,  Bank of America

It's a New Landscape on Wall Street

Wall Street woke up to a new landscape today, with Lehman Brothers filing for one of the largest bankruptcies in American history and Bank of America announcing a $50 billion acquisition of Merrill Lynch. The news sent the stock tumbling 300 points, ...

From JULIE SATOW, The New York Sun,  15 Sep 2008
Related Topics: Merrill Lynch,  Bank of America,  Lehman Brothers,  Kenneth D Lewis,  Federal Reserve

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