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Bernanke defends AIG bailout in court

Ben Bernanke

Former Federal Reserve Chairman Ben Bernanke took the stand in the American International Group bailout trial Thursday afternoon appearing slightly combative and vaguely annoyed at having to testify.

Don't panic over oil: T. Boone Pickens

Oil Barrels

With oil plunging to multiyear lows and global worries sending the stock market tumbling, oil and gas entrepreneur T. Boone Pickens said now is not the time for alarm.

JPMorgan exec: Market ripe for M&A

Merge lanes road sign

The environment for mergers and acquisitions is as strong as it's ever been, a top JPMorgan Chase banker with nearly 40 years of experience on Wall Street told CNBC on Thursday.

4% bonuses for ethical behaviour

Receading Hedge

Billionaire Steven A. Cohen, whose hedge fund SAC Capital Advisors LP shut down this year to settle charges of unprecedented insider trading, plans to reward employees at his new investment firm for demonstrating ethical behavior.

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