wall street

Looks like we're going to have to wait a little while longer to see Gordon Gekko back on the big... (via Hollywood Dump)

Health care may dominate congressional news, but lawmakers have not forgotten about drafting new rules for Wall Street.

Democrats and Republicans on the Senate Banking Committee are working on a plan, with the hope of unveiling it this week.

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Sen. Chris Dodd has taken a leading role in putting together legislation to rewrite the rules governing Wall Street, but his retirement could make things complicated.

Some observers say the Senate Banking Committee chairman's retirement improves the chances of a bill passing because he'll want to make sure it's part of his legacy.

Bernie Madoff being pinned to the wall by a huge, farting bull…which is supposed to represent Wall Street.

All from the mind of Chinese artist Chen Wenling.

I mean, come on…that is AWESOME!

A question…if you had to create a sculpture that summed up what happened last year…what would it look like and why?

Wall Street swindler Bernard Madoff's prison sentence of 150 years delivered a measure of relief to some of his victims.

But others realize they are no better off this morning than they were yesterday. And other Madoff victims worry that not enough is being done to prevent the next Madoff.

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With the unemployment rate at almost 9 percent, the Obama administration is worried — not just about the number of people out of work — but about the growing number of people who are out of work for the long term.

David Wessel of The Wall Street Journal talks with Steve Inskeep about the long-term unemployed and their potential impact on the economy.

President Obama signs legislation Friday aimed at overhauling the credit card industry. The measure bans certain practices, and forces companies to present information to consumers in ways that are calculated to change consumers behavior.

Behind this strategy is something called "behavioral economics." David Wessel of The Wall Street Journal talks with Steve Inskeep about the strategy.

Over the past year or so, tens of thousands of people have lost their jobs on Wall Street. Many were highly paid analysts, traders and investment bankers.

And with the downturn in the financial services industry, it's been hard for them to find work. But some have found creative solutions.

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