This Week in Wall Street History
Some of the worst decisions in Wall Street History. forbes.com |
Secretive speed traders in spotlight after crash (AP)
If you saw a penny on the sidewalk, would you pick it up? You may think it's not worth the effort, but a breed of investors who have been in the news do. Using super-fast computers, high-frequency traders in effect bend down to pick up pennies lying about in the stock market -- then do it again, sometimes thousands of times a second. us.rd.yahoo.com |
O'Neill to head Goldman's asset management arm
[at Financial Times] - Jim O'Neill has been named chairman of Goldman Sachs GS' asset management division, in a newly created role that will see the US investment bank's chief economist help oversee $802bn of assets. us.rd.yahoo.com |
Capital markets: Regulators push technology to track trades in real time
[at Financial Times] - Technology has transformed US capital markets in recent years and efforts by regulators to gain real-time insight into the trading of bonds, derivatives and stocks will only accelerate the use of computerised models and platforms. us.rd.yahoo.com |
Goldman Sachs pays dividends on preferred stock
[AP] - The Goldman Sachs Group Inc. said Friday it will pay dividends on preferred stock. For series A shares, the company will pay $239.58 per share and for series B shares the payout will be $387.50 per share. us.rd.yahoo.com |