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Wall Street Roundup: Cohen under scrutiny. 'Fountainhead' fortune.

May 6, 2011 |  7:04 am

Gold: Trading now at $1,489 per ounce, up 0.5% from Thursday. Dow Jones industrial average: Trading now at 12707.10, up 1.0% from Thursday.

Bull -- spencer platt getty A break in the clouds. The economy saw its biggest one-month jump in jobs in two years, sending stocks soaring this morning. 

A year on. One year after the Wall Street Flash Crash, two senators write about how little has changed -- but neither have people's worst fears come true. 

Cohen under scrutiny. The Wall Street Journal discovered that prosecutors in the government's sweeping insider trading investigation are looking at the trade book of hedge fund magnate Steven Cohen.

Goldman's shareholders. Lloyd Blankfein is facing his Goldman Sachs shareholders at a meeting in New Jersey Friday morning -- follow the proceedings here.

"Fountainhead" fortune. A former bank chairman is offering millions of dollars to any schools that will offer courses on capitalism and make Ayn Rand required reading.

-- Nathaniel Popper

Photo: Wall Street. Credit: Getty Images/Spencer Platt.

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