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Wall Street Roundup: WikiLeaks and regulators. Harvard snubs Wall Street.

December 21, 2010 |  8:27 am

Richard drew ap photo Gold: Trading now at $1,385 per ounce, down 0.1% from Monday. Dow Jones industrial average: Trading now at 11,518.36, up 0.3% from Monday.

Bonus runaround. American regulators are looking at putting more rules on executive compensation at banks, following European regulators, but many think that banks will be able to easily game the new system.

WikiLeaks and regulators. WikiLeaks' threat to release a trove of documents from a big American bank has some CEOs trembling, but it may cause even more problems for bank regulators by exposing how little bad behavior they have uncovered.

Betting on death. Investors who have placed bets on the life insurance of elderly folks did not bank on the grandmas and grandpas far outliving their life expectancies -- now they are paying for it.

Harvard snubs Wall Street. Harvard Business School appears to be turning its back on applicants from Wall Street firms as it seeks out a more diverse class with interests beyond making piles of cash.

-- Nathaniel Popper in New York

Photo: Christmas on Wall Street. Credit: Richard Drew / Associated Press

 

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