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Posts Tagged ‘ Wall Street ’

Occupy Wall Street Searches For Accountant To Manage Donations

Occupy Wall Street Searches For Accountant To Manage Donations

As Occupy Wall Street continues to spread into a full fledge organization with branches throughout the United States the organization is said to be searching for an account who would be responsible for managing its funds. To find ... continue
Galleon Group Founder Ordered To Pay Additional $92.8 Million [Civil Lawsuit]

Galleon Group Founder Ordered To Pay Additional $92.8 Million [Civil Lawsuit]

Raj Rajaratnam, founder of the Galleon Group hedge fund, received the longest-ever sentence for insider trading last month  and now he's broken another record. Rajaratnam on Tuesday was ordered to pay a $92.8 million penalty in a civil ... continue
Groupon Could Raise IPO Pricing By Using Supply Tactics

Groupon Could Raise IPO Pricing By Using Supply Tactics

Social buying company Groupon Inc. may increase the initial asking price for their IPO after higher-than-expected demand for the company's shares have been requested by investors. Part of the company's high demand comes after they announced plans to ... continue
Groupon IPO Set For November 4, Hoping For $11.4 Billion Valuation

Groupon IPO Set For November 4, Hoping For $11.4 Billion Valuation

Social buying website Groupon on Friday announced that their official IPO will occur on November 4. The company hopes to raise $621 million during their initial offering, enough to value the company at $11.4 billion. At one point ... continue
Goldman Sachs Reveals $428 Million Loss In Q3 2011

Goldman Sachs Reveals $428 Million Loss In Q3 2011

It wasn't a good quarter to be a trader or investor at financial firm Goldman Sachs after the company posted a $428 million loss on Wednesday, equivalent to 84 centers per share. Analysts had expected the company to ... continue
10,000 Wall Street Employees To Lose Jobs In 2012

10,000 Wall Street Employees To Lose Jobs In 2012

Occupy Wall Street protesters have a little reason to celebrate today as a new report from the New York state comptroller warns that 10,000 securities industry jobs will be shed on Wall Street before the end of ... continue
Unions Endorse Wall Street Protests, Numbers Swell

Unions Endorse Wall Street Protests, Numbers Swell

The 99% are growing louder. Wednesday saw numbers at the 'Occupy Wall Street' protests grow to their largest numbers yet, after local unions pledged support for the goals of protestors. The demonstrations against income inequality, corporate greed, corruption and ... continue
Occupy Wall Street Goes Zombie Today

Occupy Wall Street Goes Zombie Today

The Occupy Wall Street protests are going into their third week, as demonstrations spread to cities like Boston, Melbourne, Montreal and Prague. Today, one of the demonstration's designated spokespeople, Patrick Bruner, urged protestors to dress as zombies and ... continue
Susan Sarandon Joins Wall Street Protesters [Video]

Susan Sarandon Joins Wall Street Protesters [Video]

Susan Sarandon, star of Dead Man Walking and, uh, Wall Street, has made an appearance at the 'Occupy Wall Street' protests in New York. The Oscar-winning actress, also renowned as a keen activist for progressive and left-leaning causes, ... continue
Wall Street Protests Gain Steam as Videos of Alleged Police Brutality Go Viral

Wall Street Protests Gain Steam as Videos of Alleged Police Brutality Go Viral

Reports about the size of crowds and the stamina of protesters at Wall Street in New York City vary, but several videos from the "Occupy Wall Street" protests have gone viral and some protesters allege that an ... continue
‘Occupy Wall Street’ Protest Leads To 80 Arrests

‘Occupy Wall Street’ Protest Leads To 80 Arrests

Police in New York City on Saturday arrested 80 protesters who were taking part in the "Occupy Wall Street" rally. One protester told the Wall Street Journal: "On our march from Union Square the cops proceeded to use nets to ... continue
Day of Rage Underway on Wall Street, Protestors Flood Downtown Manhattan

Day of Rage Underway on Wall Street, Protestors Flood Downtown Manhattan

With the "Arab Spring" protests of the past year or two serving as inspiration, Twitter and Facebook have been used to organize a large group of protestors on Wall Street and an "occupation" of Wall Street is ... continue
New Wall Street: Money Never Sleeps Clip Hits

New Wall Street: Money Never Sleeps Clip Hits

Wall Street: Money Never Sleeps, the sequel to the 1987 hit Oliver Stone movie Wall Street is out soon, and a new clip from the movie has been released. The clip shows Gordon Gekko (Michael Douglas) taking Bretton ... continue
Wall Streeter’s threatening to take our jobs

Wall Streeter’s threatening to take our jobs

With all the heat coming down on Wall Street one might feel a little sorry for all those hard working souls that are looking out for our best financial interests. After all if it really gets bad ... continue
Where does the banks and Wall Street place in the Haitian relief?

Where does the banks and Wall Street place in the Haitian relief?

Last night I wrote a bit of a list of the various tech companies and what they were doing regarding the relief effort for Haiti. Well today I figured that it would be interesting to see what ... continue
Online Stock Services Soar From Wall Street Woes

Online Stock Services Soar From Wall Street Woes

The stock market may be suffering, but Internet-based stock services are thriving. Visits to stocks and shares-related sites shot up to their highest number in three years on "Black Monday," according to new data released by ... continue
Silicon Valley’s exposure to Lehman Brothers

Silicon Valley’s exposure to Lehman Brothers

You'd have to be living in a cave to have not at least heard some of the news coming out of Wall Street at the moment. Lehman Brothers has filed for bankruptcy, AIG is teetering on the ... continue
Black Monday And Its Effect On Tech

Black Monday And Its Effect On Tech

Trying to figure out what yesterday's Black Monday Wall Street mess will mean for the tech space? CNN Money has some interesting analysis. CNN's Jon Fortt talked to analysts who predict relatively stable ground for tech companies ... continue
Track/ watch Black Monday live online

Track/ watch Black Monday live online

The grim news from Wall Street is that the Federal Reserve has decided to stop bailing out merchant banks from the public purse, and as a consequence Lehman Brothers, one of the biggest and most prestigious firms ... continue