Advertisement

Wall Street Roundup: Citi back in black. Wall Street’s secret fraternity.

Share

This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts.

Gold: Trading now at $1,368 per ounce, up 0.6% from Monday. Dow Jones industrial average: Trading now at 11,839.86, up 0.5% from Friday.

Citi back in black. Citigroup announced this morning that it turned a profit for the first time since 2007 -- albeit a smaller profit than analysts expected.

Wall Street’s secret fraternity. A look inside the recent meeting of Wall Street’s secret and super-exclusive fraternity, Kappa Beta Phi, which was founded just before the 1929 stock crash.

Advertisement

Traders vs. techies. Trading firms are stepping up their recruiting and perks -- ping-pong anyone? -- to keep smart programmers from going to tech startups.

Regulators fall behind. Regulators are missing deadlines in their effort to impose new rules mandated in the financial reform bill.

Too good to last. Some of the contrarian arguments for why the current stock market surge is not likely to last.

-- Nathaniel Popper

EPA

Advertisement