Here's the opening remarks of Chairman Phil Angelides at the Financial Crisis Inquiry Commission Hearing on 'Too Big to Fail: Expectations and Impact of Extraordinary Government Intervention and the Role of Systemic Risk in the Financial Crisis'.
Here's the testimony of Robert K Steel, former CEO of Wachovia Corporation before the Financial Crisis Inquiry Commission on September 1st, 2010.
FINS.com reports that women are once again deserting Wall Street, despite the best efforts of firms to keep hold of female talent and attract in new hires.
Bloomberg reports that, when it comes to the brokerage business, Bank of America's Merrill Lynch unit performed better than rival Morgan Stanley Smith Barney in the first 6 months of the year.
Fox Business News reports that the spat between Citi and CLSA analyst Michael Mayo has stepped up a gear over the last few days.
They say that nostalgia ain't what it used to be. Well, I don't know about that.
Dow Jones Newswires reports that, according to an unnamed 'person familiar with the matter', the value of the $700m allocated to Credit Suisse bankers in 2008 in deferred bonuses from a $5bn pool of toxic assets, has declined in value in 2010.
Here's Fed Chair Ben Bernanke's Jackson Hole address.
Here's the latest on the 'Movers & Shakers' front.
The Wall Street Journal's 'Heard on the Street' column reports that SocGen strategist Albert Edwards, the man whose late 1990s prediction of a long 'Ice Age' for stocks came true, is now suggesting that fair value for the S&P 500 is around 450 - some 60% below its current level.