Take a deep breath, investors: Recent stock gyrations reflect a return to more normal market conditions.
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When Normal Feels Abnormally Scary
Tag Archives: Wall Street
Every CEO’s Nightmare
Knight Capital nearly fell victim to simple human error. We try to avoid it and hate to think about it, but it could happen to anyone.
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Corzine Gets Into Another Wreck
Jon Corzine’s unshakeable belief in himself gets him into another accident. Hubris, not Europe, brought down MF Global Holdings.
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A Stock Exchange Needs More Than A Big Tree
On May 17, 1792, 24 stock brokers met under a buttonwood tree on Wall Street. Lower Manhattan has been a …
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It’s Not Cheating To Be Lucky Or Smart
Every time somebody sells a stock, somebody else buys that stock. Brokers put the two together. If the seller happens …
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Talk To Chuck
Most of New York’s leading politicians, including Gov. David Paterson and New York City Mayor Michael Bloomberg, have come to …
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Moderate Disdain For ‘Wall Street Kids’
It is hard to find any kids on Wall Street, but disdain for them is easy to see in a “moderate” Democrat’s remarks.
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