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Robert Steel

From Wall St. To Washington: Famous Moments In Revolving Door History

Posted 01.11.2012 | Business

Want to get to Washington? Try going through Wall Street. As a look at any recent presidential administration will show, people move between the two w...

NYC, the Startup City, Calling all Angels!

Jack Hidary | Posted 05.25.2011 | New York
Jack Hidary

During the 90's, NY had its share of tech startups, but many did not last through the crash. New startups are now emerging across Manhattan and Brooklyn in numbers we have not seen in a decade.

Fed Bought Junk Bonds In Maiden Lane Wall Street Rescue, But Didn't Tell Congress

Bloomberg | Caroline Salas, Craig Torres and Shannon D. Harrington | Posted 05.25.2011 | Business

Federal Reserve Chairman Ben S. Bernanke and then-New York Fed President Timothy Geithner told senators on April 3, 2008, that the tens of billions of...

Bloomberg Looks to Wall Street to Save NYC Economy

John Petro | Posted 05.25.2011 | New York
John Petro

Will the new deputy mayor, with such strong ties to the financial industry, be willing or able to move New York City away from its reliance on the financial sector?

Cramer On A Great Depression: Is It Just Worth Having? (VIDEO)

CNBC | Posted 05.25.2011 | Business

Jim Cramer, host of CNBC's "Mad Money," asked Wachovia CEO Robert Steel about the various crises in the U.S. economy and the Federal Reserve's respons...

Wachovia Loses $8.9B, 6,350 Jobs

AP | IEVA M. AUGSTUMS | Posted 05.25.2011 | Business

CHARLOTTE, N.C. — Wachovia Corp. reported a surprisingly large second-quarter loss Tuesday, deflating Wall Street's hopes that the nation's big ...