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Welcome to the Wall Street Network News Network
This News Network is designed to help people track and share news about Wall Street Network.


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New Consensus Sees Stimulus Package as Worthy Step
11 hours ago

New York Times: A variety of economists say that economic stimulus legislation is helping an economy in free fall a year ago to grow again and shed fewer jobs than it otherwise would. . (Read More)
Topics: economy, Subprime
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Business Briefing | Economy: Hearing Set on New Term for Bernanke
11 hours ago

New York Times: Ben S. Bernanke’s nomination to a second term as Federal Reserve chairman will be the subject of a Senate Banking Committee hearing next month. . (Read More)
Topics: Bernanke, economy, Subprime
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Senate sets hearing on Bernanke's renomination
15 hours ago

washingtonpost.com - U.S. Economy: WASHINGTON (Reuters) - The Senate Banking Committee said on Friday it will hold a hearing on Federal Reserve Chairman Ben Bernanke's renomination to a second term on December 3, putting the central bank chief under scrutiny at a time when the Fed is facing intense criticism in Congress. . (Read More)
Topics: Bernanke, Fed
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Jitters, disappointing data get the best of Wall Street
28 minutes ago

washingtonpost.com - U.S. Economy: Anxiety reappeared on Wall Street this week, leaving markets largely lower and sending investors into short-term government bonds and the U.S. dollar, which recorded its first weekly gain in a month. . (Read More)
Topics: Wall Street, Markets
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Losing Rhodes scholars to Wall Street's siren call
9 hours ago

washingtonpost.com - Op-Ed Columns: Tonight, 32 young Americans will win Rhodes Scholarships. Their tenures at Oxford are funded by the legacy of the British imperialist Cecil Rhodes, a man whose life would not be honored today were it not for his vision that young people of outstanding intellect, leadership and ambition could make the world a better place. (Read More)
Topics: Wall Street
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Wall Street conspiracy theories dissected, defined
2 hours ago

Washington Post: Once there was a simpler time, when pretty much everything that happened in the financial world had a straightforward explanation. . (Read More)
Topics: Wall Street
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Congress Wants Tighter Oversight of Fed
13 hours ago

WSJ.com: What's News US: Many Democrats and Republicans praise Bernanke, but some say the financial crisis requires an overhaul of the Fed's responsibilities and tighter congressional oversight. . (Read More)
Topics: Fed, Bernanke
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U.S. Senate sets hearing on Bernanke's renomination
15 hours ago

Reuters: WASHINGTON (Reuters) - The Senate Banking Committee said on Friday it will hold a hearing on Federal Reserve Chairman Ben Bernanke's renomination to a second term on Dec. 3, putting the central bank chief under scrutiny at a time when the Fed is facing intense criticism in Congress. . (Read More)
Topics: Bernanke, Fed
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Money Markets and More for Monday, Nov 23 Preview
15 hours ago

Wall Street Journal: Wall Street braces for the latest headlines from the home front in the week ahead. Key food companies serve up their earnings. The BBC's Doctor Who marks an anniversary. Dell, you have a problem, dude. And Hollywood goes head-to-head with Twitter. . (Read More)
Topics: Markets, Wall Street
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Georges Ugeux: Demonizing Goldman Leaves Wall Street Off the Hook
18 hours ago

Huffington Post: This week's favorite game was attacking Goldman Sachs for its outrageous compensation system, including expectations that the total bonus package for its employees might reach $ 22 billion. There is no doubt that, by any standards, such an amount is a record number per employee with $750,000 tying some of Goldman's highest (Read More)
Topics: Wall Street
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Tech sector drags on Wall Street
17 hours ago

Financial Times: US stocks sunk lower on Friday after disappointing results from Dell added to fears this week that the economic recovery was faltering. (Read More)
Topics: Wall Street
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Latin American Markets: Mexico index down for third day, ahead of GDP data
17 hours ago

Wall Street Journal: The goverment report on how the economy fared during the third quarter comes investors take gains off the table in the wake of recent highs. . (Read More)
Topics: economy, Markets
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Eric Tipler: The Wall Street Journal on Education: Lies, Myths, and Yellow Journalism
17 hours ago

Huffington Post: Earlier this month the Ford Foundation made an exciting announcement: they're giving away $100 million to improve secondary education in urban schools.This is fantastic news to anyone who cares about education, the American Dream, and the future of America's economy. Which is why I was so shocked by an editorial in Tuesday (Read More)
Topics: Wall Street
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Bernanke Saved Your Company
17 hours ago

Forbes.com: Market News: Stop giving the Fed chairman such a hard time, he prevented more bankruptcies than we'll ever know. (Read More)
Topics: Bernanke, Fed
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Wall Street Bonuses: Where’s the Outrage Been?
15 hours ago

Wall Street Journal: So institutional shareholders are upset at the bonuses Goldman Sachs Group is planning to shell out, as we read in today’s WSJ. But what about investors at other financial institutions? Where is the outrage there?The complaint of Goldman shareholders is simple: Despite record net income, Goldman’s per-share earnings will be (Read More)
Topics: Wall Street
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