Drew, who became JP Morgan's Chief Investment Officer in 2005, announced her retirement today after taking much of the blame for the bank's recent huge loss. Prior to her resignation, she was one of the most powerful women on Wall Street.
“They have big egos and are big babies. If I make any sign that they're not the best lover, or that their dick wasn't the biggest dick I've ever seen, they start asking all these questions and putting me down.” Read More ›
An anonymous finance guy tells BuzzFeed Shift what compels him to seek out these arrangements: “I used to go to bars where I thought there'd be hot young girls… I could never seal the deal.” Read More ›
Power to the peeple! Here's the winner of The Washington Post's annual Peep Show Competition, in which 755 entrants submitted dioramas populated entirely by the mushy marshmallow Easter treats. We are the 99 Peepcent! Read More ›
In a weekly BuzzFeed Shift series, anonymous people reveal how their jobs are not how they seem. Today, a woman recruiter on Wall Street tells contributor Alex Belanger how ingrained the culture of sexism in the financial industry really is. Read More ›
This is a bit of a disappointment. However, this is definitive proof that the hipster plague has reached Americana. Read More ›
Wow. After 14 years, this band still sounds exactly the same. Always stay the same, TEB. Read More ›
Amazing photos of Occupy Wall Streeters as they tangle with the NYPD on the second month anniversary of the protest. Pockets of violence erupted as OWS, in what they're calling a “Day of Action,” attempted to march on the New York Stock Exchange. Read More ›
The Occupy Movement has expanded far beyond New York's Wall Street. It is now taking place in 11 different countries outside the United States with hundreds of thousands people participating in the protests. The Occupy Movement is one with a universal message so here are the top 26 Occupy posters that have many different ways of bringing people together. Read More ›
The dicknose graphic novelist and film director responsible for “Sin City” and “300” posted a memo to the “pond scum” on his blog this week, suggesting the demonstrators all go enlist in the military for “the real thing.” Read his note in its entirely below.
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Raj Rajaratnam illegally used inside info to trade Goldman Sachs, Google, Intel, and Hilton stocks. According to U.S. District Judge Richard J. Holwell, Rajaratnam's action's “reflect a virus in our business culture that needs to be eradicated.” Read More ›
The Tumblr We Are The 99 Percent continues to do a great job telling the sad, sad stories of hardship currently faced by Americans. I hope this blog never stops updating. Read More ›
Mayor Bloomberg has ordered the NYPD to clear Zuccotti Park at 7 a.m. tomorrow. Protesters would only be allowed back in under new rules that would make it impossible to continue the occupation. Read More ›
Protests is super hot on the BuzzFeed Network right now. Here's all the best viral buzz on Protests. View Topic ›
Occupy Wall St is super hot on the BuzzFeed Network right now. Here's all the best viral buzz on Occupy Wall St. View Topic ›
I guess the Twitosphere wasn't lying yesterday. The #OccupySesameStreet cause takes an unfortunate turn when the police arrive. (via.) View List ›
Come up with the best thought bubble for this poor, detained Occupy Wall Street protester and we'll send you an insanely comfortable BuzzFeed hoodie.
Over 80 people were arrested in downtown Manhattan during a protest against Wall Street on Saturday. Protestors are complaining that police used excessive force. Judge for yourself. View List ›
The Dow dropped nearly 400 points today, driven down in no small part thanks to Wall Street's reaction to Federal Reserve Chairman Ben Bernanke's “Operation Twist,” aka “The Kardashian.” The plan is a complicated financial maneuver in which the Fed will move money out of short-term securities and into long-term holdings. Those longer-dated bonds are frequently called “the back end.” The plan—nicknamed “Operation Twist” by analysts—gained popularity within the Fed, but is widely despised in the financial community. Mutual fund manager Oliver Pursche calls it “The Kardashian.” Here's why. View List ›
In this Op-Ed for CNN, Democratic strategist James Carvill warns that if Obama doesn't do something drastic, we may have a “crazy person” in the White House after 2012. Think it'll make a difference? (via reddit.com) Read More ›
That's a lot of red. How exciting. (via abstrusegoose.com) View Image ›
The Dow Jones fell a staggering 634 points today, even worse than last week's 513 point stockpocalypse. It's the worst single day loss on Wall Street since November of 2008. The S&P downgrade of the United States' credit rating weighed heavily on the markets. Break out your Dr. Strangelove survival kits. Watch Video ›
Considering today's 513 point blood bath, this Tumblr is timely as could be. The Brokers With Hands On Their Faces Blog, now more than ever. (via brokershandsontheirfacesblog.tumblr.com) View List ›
Wall Street posted its worst single day loss since the depths of the recession in 2008, with the Dow Jones today plummeting 513 points. Fears of a double dip recession at home and further market instability in Europe drove stocks over the cliff. Watch Video ›
Wall Street is super hot on the BuzzFeed Network right now. Here's all the best viral buzz on Wall Street. View Topic ›
Barack Obama refuses to “spike the football,” so we'll do it for him. This list is in no particular order and by no means comprehensive. Achievement unlocked: Reelection. View List ›
The shift underscores the remarkable recovery of the biggest banks and brokerage firms since Washington rescued them in the fall of 2008.
An overhaul of the financial regulatory system will vastly expand governmental authority in a bid to curb what led to the plunge of the world economy in 2008.
Ultrafast stock trading relies upon computer programs that take years to develop and are closely guarded secrets.
