Advertisement

Wall Street Roundup: A good year for Wall Street. The cyborg takeover.

Share

This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts.


Gold: Trading now at $1,402 per ounce, up 1.3% from Monday. Dow Jones industrial average: Trading now at 11,548.10, down 0.1% from Monday.

A good year for Wall Street. A detailed look at how Wall Street got almost everything it wanted in 2010, and from Bloomberg’s Wall Street reporter no less.

Advertisement

Expert networks suffer. In the wake of the government’s investigation of insider trading facilitated by expert-consultant networks, those networks are losing business fast.

Still taking risks. Goldman Sachs bought a big stake in a Pennsylvania hedge fund, providing yet another indication that the financial reform legislation is not preventing Wall Street firms from investing in hedge funds.

The cyborg takeover. An extended explanation of how algorithmic trading has come to dominate securities trading.

What a bull wants. The Wall Street bull got a very special crocheted sweater for Christmas.

-- Nathaniel Popper in New York

Bloomberg

Advertisement