Philip Chua Business Blog

NYT: Wall Street trading is often described as a blood sport. But inside the great investment houses, there’s another sport of the moment. Curling.

Curling – Sport – Wall Street – Winter Sports – New York Times

New orders for long-lasting manufactured goods excluding transportation unexpectedly fell, while the number of workers filing for jobless benefits rose last week.







Jobless claims – Unemployment benefits – Insurance – United States – Business

Orders to factories for big-ticket durable goods likely posted an increase in January, helped by a rebound in demand for commercial aircraft.







Aircraft – Business – Aviation – Aerospace and Defense – Aeronautical

Fed chairman Ben Bernanke told lawmakers the central bank is looking Wall Street’s use of a sophisticated investment instrument to make bets that Greece will default on its debt.

Ben Bernanke – Wall Street – Central bank – Greek language – Business

The Madoff whistle-blower talks about what the S.E.C. doesn’t understand about money.

Three years into the financial crisis, why haven’t complex derivatives been reined in?

Letting the S.E.C. finance itself would improve securities regulation.

Charles Conaway must pay more than $10 million for misleading shareholders about the retailer’s prospects before its 2002 bankruptcy.

The mayor is moving his fortune from Quadrangle Group 10 months after a scandal with the state pension fund.