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Wall Street Roundup: Goldman's secrecy. JPMorgan's mistake.

July 8, 2011 |  8:02 am

Bear - national geo Gold: Trading now at $1,542 per ounce, up 0.8% from Thursday. Dow Jones industrial average: Trading now at 12,585.99, down 1.1% from Thursday.

Disappointing report. A bad monthly jobs report sent stocks down this morning.

What bubble? One of Silicon Valley's leading names, Marc Andreessen, rejects the talk of a tech bubble, saying that "on a 30-year basis, these things are cheap."

Goldman's secrecy. If you're a rapper and thinking of working for Goldman Sachs, you might have to give up rapping -- a peek inside the cult of secrecy at Wall Street's most storied firm.

JPMorgan's mistake. A Seattle news channel learned that JPMorgan Chase sent one of its customers to jail for the weekend -- and caused him to lose his job and car -- after he tried to cash a check that the bank had issued to him.

-- Nathaniel Popper in New York

Photo credit: National Geographic

 

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