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Wall Street Roundup: Toxic treasures. Anxious pensions.

January 24, 2011 |  9:03 am

Gold: Trading now at $1,347 per ounce, up 0.4% from Friday. Dow Jones industrial average: Trading now at 11,0950.10, up 0.6% from Friday.

Wall sign -- stan honda afp getty images Toxic treasures. The government's purchase of toxic assets during the financial crisis was unpopular, but the investments are now making the government significant returns.

Anxious pensions. Public pension funds are worrying about their investments in hedge funds that have been targeted in the government's ongoing insider trading investigation.

Morgan Stanley's problem. A Morgan Stanley banker was the first Wall Street figure to be publicly drawn into the government's Galleon Group insider trading case, thanks to a court filing on Friday. 

Metal mania. While many on Wall Street are expecting to see their bonuses drop from 2009 levels, people who trade metals are among the lucky few expecting compensation to go up.

--Nathaniel Popper

Credit: Stan Honda/Getty Images

 

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