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Jamie Dimon Warns Markets Resemble Pre-Financial Crisis Era: 'I See A Couple Of People Doing Some Dumb Things'
JPMorgan Chase CEO Jamie Dimon said Monday that the financial world looks a lot like the heyday in the years ahead of the global financial crisis.
Billion-Dollar Oil Heir Ousts Father, Ignores Harassment Claims
Rachel Grynberg took control of her father's empire, but questions remain about how she handled allegations against him.
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Cybercrime: So Simple Anyone Can Do It
It seems that there is no end to the variety and diversity of types of cyberattacks these days. In spite of vendors’ and enterprises’ best...
Even Big Hedge Funds Are Struggling With This Volatility
It’s not just your average man on the street losing his shirt in the market. Industry veterans like Dan Loeb and Bill Ackman are also struggling.
Dip Buyers Beware, the S&P 500 Bottoming Process Can Take Time
Even in a benign scenario - one in which a bear market is avoided and the Boxing Day low in equities is preserved - it’s wise to remember that bottom.
Bernanke Plays Down Stocks Selloff, Dismisses Crisis Comparison
Former Federal Reserve Chairman Ben Bernanke isn’t worried about the recent selloff in U.S. equities. In fact, he isn’t even surprised.