Wall Street Roundup: Bank tax talk. Examining hedge fund masters.

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Consumer spending up again. Consumer spending rose 0.3% in February, following a 0.4% rise in January, the Commerce Department announced. The growth came despite the fact that average personal income did not increase during February.

Growing confidence in the dollar. In a sign that the dollar may continue to strengthen against other currencies, both Goldman Sachs and Citigroup ended their bets against the dollar, Bloomberg reports.

Bank tax proposals. A number of countries, including the U.S., are looking to impose a tax on banks to cover future bailouts, according to the Wall Street Journal.

Hedge fund masters under the lens. New York magazine takes a long unflattering look at hedge fund whiz Steven Cohen, thanks to his angry ex-wife. Meanwhile Bloomberg examines whether John Paulson’s hedge fund success could come to an end.

-- Nathaniel Popper