Wall Street Roundup: The jobs headline. An insider's sad end.
The jobs headline. Friday morning's monthly job report provided some disappointing numbers, sending stocks down and fueling the debate about whether the economy is entering a more prolonged slowdown.
The debate. While PIMCO's Mohamed El-Erian took to the Financial Times to state that the U.S. will need to make big changes to fix the economy, JPMorgan's Jamie Dimon is stepping out to argue that the economy is actually in a strong position, and getting better.
Greenspan's views. Alan Greenspan said on CNBC Friday morning that the only way the U.S. will get its debt and deficit under control is by raising taxes, something he had previously opposed.
An insider's sad end. The government's ongoing probe of insider trading at hedge funds appears to have led one government informant to commit suicide.
Photo credit: National Geographic.