Wall Street


Mon January 14, 2013
Planet Money

Cat Beats Investors In Stock Market Challenge

Originally published on Mon January 14, 2013 4:08 pm

The UK Observer ran a contest last year, A bunch of investment managers invested in the best stocks they could find, while a cat named Orlando randomly chose stocks from a list. The cat won.

From the Observer:

While the professionals used their decades of investment knowledge and traditional stock-picking methods, the cat selected stocks by throwing his favourite toy mouse on a grid of numbers allocated to different companies.

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Wed January 2, 2013
The Two-Way

Financial Markets Cheer 'Fiscal Cliff' News

Originally published on Wed January 2, 2013 3:08 pm

Looking up: Traders on the floor of the New York Stock Exchange earlier today.
Spencer Platt Getty Images

Though more big battles lie ahead in Washington, Wall Street is following the lead of financial markets around the world in giving a thumbs-up to the deal that kept the federal government from going completely over the so-called fiscal cliff.

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Wed December 26, 2012

Wall Street Wiretaps: Investigators Use Insiders' Own Words To Convict Them

Originally published on Wed December 26, 2012 4:07 am

Raj Rajaratnam, center, billionaire co-founder of Galleon Group, is surrounded by photographers as leaves Manhattan federal court May 11 after being convicted of insider trading charges.
Mary Altaffer AP

It was another busy year for federal authorities pursuing insider trading cases. Seventy-five people have now been charged in the last three years, and investigators say that success comes largely from their decision to attack insider trading the way they take down the Mafia and drug cartels — with tools such as wiretaps, informants and cooperators.

The story behind how the government decided to go after insider trading as hard as it goes after the mob is really just a story about dead ends.

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Mon December 17, 2012
The Two-Way

Investors Shun Gun Makers As Gun-Control Talk Increases

Originally published on Tue December 18, 2012 10:00 am

(Scroll down for a Tuesday morning update.)

On Wall Street, investors appear to be listening closely to the growing talk in Washington about curbing assault weapons.

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Wed November 7, 2012
Planet Money

Ask A Banker: High Frequency Trading

Originally published on Sun November 11, 2012 11:58 am

Not just an empty suit.
Paul Goyette Flickr

Hi! I'm back. I was once a banker and now I write for Dealbreaker and answer your questions about the financial world here. You can send questions to planetmoney@npr.org with "ask a banker" in the subject line, or ask on Twitter (@planetmoney).

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