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Wall Street Roundup: Goldman's 401(k) push. Predicting the World Cup

May 18, 2010 |  7:52 am

Mixed data on housing. The number of houses on which builders began construction increased for the second straight month in April, but the number of housing permits dropped to its lowest level in six months.

Goldman's 401(k) push. Just as its reputation with ordinary investors reaches a nadir, Goldman Sachs, the famously elitist investment bank, is making a push to win over a greater proportion of the retirement funds of everyday folks.

Banking heroics. The largest banks in America appear to have come together in a display of civic spirit to save a community bank in Chicago. 

JP Morgan on soccer. The math whizzes at JP Morgan Chase & Co. have taken a break from building programs that predict stock prices to build a program that predicts the World Cup. And the winner is: England. 

-- Nathaniel Popper in New York