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Topic: Credit Suisse Group
Top galleries, list articles, quizzes
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Top 5 insider trading convictions
Raj Rajaratnam, a wildly successful hedge fund manager, was sentenced and fined Oct. 13 on fraud and conspiracy counts for using insider information to make more than $50 million. Prosecutors called it the largest insider-trading case ever for a hedge fund. So how does his conviction stack up against other insider traders in the United States who were found guilty? Here's a look at the Top 5 convicted insider traders:
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World's top 5 economies: Most Americans already think China is No. 1
On Feb. 14, China was recognized as the world's second-largest economy after the United States. Americans are already convinced that the US has fallen behind China.
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Ina Drew retiring after JPMorgan losses. Will she get $14.7 million?
Ina Drew, at the center of JPMorgan's stunning loss, was among its highest-paid executives. Proxy statement says Ina Drew would be entitled to nearly $14.7 million if she met 'full-career eligibility.'
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Greek political disarray, worries about Spain push euro to three-month low
Greece has still not formed a government, imperiling its bailout and increasing the chances of it being forced out of the eurozone.
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Apple earnings lift stocks worldwide
Apple earnings exceeded expectations, causing stock markets to rise from Japan to Germany. US stock futures also get a boost from Apple earnings.
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The New Economy
Currency move latest sign of China's transformation
China is transitioning away from being the world's discount manufacturer. But it will have to loosen its currency even more to avoid the pitfalls of development.
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Best Buy CEO Brian Dunn steps down
Best Buy CEO Brian Dunn has decided to resign from the big box retailer. Dunn has been Best Buy CEO for almost three years.
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Germany tries to convince Swiss banks to play by its rules
Germany and Switzerland signed a treaty today in which Switzerland agreed to impose taxes on Germans' secret accounts in Swiss banks, but the deal still falls short of the transparency Germany wants.
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Bernanke comments send stocks soaring
Stocks recorded one of their biggest gains of the year Monday after Federal Reserve Chairman Ben Bernanke suggested that the U.S. economy still needs help to produce faster job growth. The Dow jumped 160 points to close at 13241, its third-best showing of the year.
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The Reformed Broker
Why hedge funds are a joke
2011 should have been the perfect year for hedge funds to thrive. What happened?
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Mitt Romney draws more Wall Street donations than Obama
Mitt Romney's six largest campaign donors in 2011 were from Wall Street. Romney got $1.8 million from Wall Street execs, according to the Center for Responsive Politics.
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Sears closings: After store closures, little hope for a rebound
Kmart and Sears closing will effect 120 stores nationwide. But these Sears closings might not save the company, says one analyst.
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Sears closings: At least 100 stores to be shuttered
Sears closings intended to shore up company's profits. Sears closings will affect Kmart stores, too, but not word on layoffs.
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The Daily Reckoning
Americans are poorer than they think
46 million people are living with the help of US government food handouts, and the average income figure is misleading.
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Best Buy a winner in holiday sales weekend
Best Buy sees turnaround from disappointing 2010 Black Friday sales by opening at midnight, focusing on low TV prices. Beyond Best Buy, Macy's and Walmart also score well in holiday sales weekend.
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Robert Reich
Why Obama should call for a breakup of big banks
What better way for the president to distinguish himself from Romney than to condemn Wall Street’s antics since the bailout and call for real reform?
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Horizons
Sprint nixes unlimited 4G data plan for tablets, netbooks
Unlimited Sprint 4G service will soon be a thing of the past for tablet and netbook users. Got a Sprint smartphone? You're in the clear, for now.
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The Vote
Is Ron Paul the favorite candidate of US military personnel?
Ron Paul says it’s time to bring US troops home from Iraq and Afghanistan. He also says he's raised more money from current members of the armed forces than any other GOP hopeful.
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Global markets drop sharply on US, Europe outlook
Global markets reflect worry about rising interest rates for eurozone's weakest nations and possibility of a US recession. Among global markets to tumble most: Germany, down 5.3 percent and France, down 4.7 percent.
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US sues biggest banks over risky mortgages
Government lawsuit claims 17 banks, including Bank of America, Citigroup, and JP Morgan, misrepresented the value of $196 billion worth of mortgage-backed securities when it sold them to Fannie Mae and Freddie Mac.
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The Reformed Broker
Correlation in stock moves: Is it really ETFs' fault?
Stocks move in tandem for short-term reasons and long-term reasons. It's hard to pin the cause of high correlation on a single factor.
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HSBC layoffs: 30,000 jobs to be cut in global overhaul
HSBC layoffs will take effect by 2013. The HSBC layoffs come as the banking group shifts its focus to emerging markets around the globe.
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EPA tells coal-fired plants to reduce pollution. Some may just shut down.
The details of new EPA regulations, released Thursday, mandate reductions in power-plant emissions. 'Old, decrepit plants' without pollution controls may be just too costly to retrofit and be shut down by their owners, say analysts.
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Stocks end down for fifth day after Bernanke
After gains early in the day, the session closed lower, with the Dow declining about 19 points
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Stocks plunge amid global recovery fears
The Dow plummeted by more than 2 percent on Wednesday, losing about 279 points, after Moody's cut Greece's bond ratings
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Dominique Strauss-Kahn arrest can't distract EU from Greece
Dominique Strauss-Kahn was a key player in the negotiations. But the IMF has many able people beyond Dominique Strauss-Kahn.
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Top 5 insider trading convictions
Raj Rajaratnam, a wildly successful hedge fund manager, was sentenced and fined Oct. 13 on fraud and conspiracy counts for using insider information to make more than $50 million. Prosecutors called it the largest insider-trading case ever for a hedge fund. So how does his conviction stack up against other insider traders in the United States who were found guilty? Here's a look at the Top 5 convicted insider traders:








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