The New York Times 'DealBook' column published an article this week pointing out that the good times appear to be back on Wall Street - the parties are cranking up, the bars are back to overflowing, and it's difficult to get tables at the best New York restaurants. The icing on the cake, however, is that 'the dwarfs' look to be back!
The Times has reported that senior executives at Barclays, HSBC, Royal Bank of Scotland and Standard Chartered are said to have met with a view to making a bonus 'pact' that will mean agreeing to bonus restraint this year-end. UK securities regulator The Financial Services Authority is also thought to have been in on the discussions.
The Wall Street Journal reports that UBS has been sued for $2bn by Bernie Madoff trustee Irving Picard, who has alleged 23 counts of fraud against the firm and related entities.
Charles Gasparino joined FOX Business Network (FBN) in February 2010, and provides on-air reporting throughout the business day for the network, covering the latest news from the financial world.
Here's a quick note of the firms which have been dragged into the insider trading probe which is the big news on Wall Street this week.
And the answer is...
Can you work out who I am ?
Here's a few items from '500 Of The Most Witty, Acerbic & Erudite Things Ever Said About Money', published by Harriman House.
Here's something profound from Todd Harrison, founder and CEO of minyanville.com, on the subject of insider trading.
Here's the round up of the popular '60 Second Interviews' in order of the most hits.