It’s now a year since Lehman Brothers collapsed and the world was plunged into financial crisis. So how has Wall St changed and grown from the crash to prevent future economic disaster? It hasn’t.
Wall Street 
Washington is the new Wall St
Wall St is no longer the financial capital of the USA, says the Washington Post. Since the country’s economy was plunged into crisis a year ago and the government intervened to prevent total carnage, the new financial power-players and puppet masters are all in Washington.
VIDEO: Global Financial Crisis: the interactive tour
Wall St bankers made redundant by the Global Financial Crisis have turned their fortunes around by running GFC tours of the strip, giving tourists a first-hand look at America’s economic disaster. Sounds… fun.
Wall Street’s fallen idols: where are they now?
The Global Financial Crisis has claimed its fair of big scalps in the banking and finance sector. A year on, where have the big players on Wall St landed after their unceremonious falls?
Business as usual on Wall St as big bonuses return
Buoyed by a recent boom in profits, Wall Street’s biggest banks are setting aside billions of dollars for executive bonuses, only months after they were rescued by the government bailout. Said government is less than impressed.
Wall Street’s sick culture of simultaneity
Wall Street worker-turned-anthropologist Karen Ho has written an “ethnography of Wall Street” and says a culture of temporary cost-cutting has crippled the US economy.
The new Wall St world order
Two companies have risen from the ashes of Wall St to tower over the former financial titans who used to rule the strip: JPMorgan and Goldman Sachs are surging ahead of others on the Street.
Morning Market Report: A late rally on Wall Street
A prediction by economist Nouriel Roubini that the worst of the GFC is over leads to a late rally on Wall St.
Wall St giddy on the fumes of recovery
Wall Street had its best session for months overnight, but trouble may still lie ahead, writes Glenn Dyer.
Wall St’s 257-point rally
Gains by tech and financial stocks saw the Dow Jones jump 3%, or 257 points, overnight — its biggest one-day gain in almost four months.
Markets soar, mixed messages elsewhere
Wall Street soared overnight on confident assertions by just one analyst that American banks, especially Goldman Sachs, were doing well. But that’s not the whole story…
Market jargon: know your second derivatives from your saddles
The world of Wall Street can often seem impenetrable to outsiders, with its lexicon of insider terms like swing trades, bips and naked calls. SmartMoney explains four of the most four self-important nerdy financial terms.
Goldman Sachs sour about Rolling Stone sledge
Senior executives at Goldman Sachs are reportedly pissed off about a 12-page Rolling Stone story highlighting the company’s uncanny ability to make reams of cash in bad economic times. Or maybe it’s just because the Jonas Brothers scored the magazine cover.
The salesman behind Wall Street’s bull
The strategic communications specialist advising a financial industry effort to enhance Wall Street’s image has plenty of experience in spinning the American public: he was one of the aides in charge of the Bush administration’s fact-bending campaign to sell the Iraq War.
US banks still world’s best practice in failure
Most American economists and the big end of Wall Street are ignoring the increasing failure rate among American banks.
Morning Market Report: Wall St down
Wall St was down 34 on Friday, with metals and oil struggling.
Brokers trade in their stocks for online gambling
As things get increasingly grim on Wall Street, a generation of broke brokers are turning their finely turned financial skills to online poker to win their riches back.
US stockmarket zombies snap out of it
Rising US bond yields have finally got the attention of stockmarket investors, triggering a reversal of Tuesday’s mindless surge in optimism and share prices, writes Glenn Dyer.
What the GFC can teach us about our intertwined food system
Just like the financial sector, the food system has dramatically globalised over the past generation, even as it has become increasingly concentrated.
US economy confronts the tale of two data sets
The health of the US economy comes down to who you believe — consumers or plunging house prices.
Wall St relaxes as stress tests loom
The lunatics running the asylum have concluded the dull days have gone and it’s up, up, up from now on.
Worm turns for finance and insurance industry
For the first time in 16 years, the finance and insurance industry has shrunk; this isn’t necessarily a bad thing.
Wall St clueless as bad news rolls in
World markets inexplicably bounced last night on the apparent ‘good news’ that the US economy’s slide continued.
Financial crisis inspires Wall Street sequel
The global economic downturn has inspired a belated sequel to Oliver Stone’s 1987 corporate thriller Wall Street.
riches to rags
Manhattan elite cry into caviar
As the privileged class loses its privileges, a collective moan rises from the canyons of Wall Street.






