People literally filled the streets at the corner of Wall Street and Broad in lower Manhattan.
Although Tuesday was a wild ride at the corner of Broad and Wall, the action did actually seem to make sense.
But unlike their hysterical cousins at the corner of Broad and Wall, bond traders tend to be a little less emotional.
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And by the time the closing bell rang at the corner of Broad and Wall, the question of the day was: Bad news?
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Ezra Merkin to surface from the sewers under Broad and Wall.
Thus, the story about the drop in oil prices that the press yammered on about all day seemed more than a little silly by the time the closing bell rang at the corner of Broad and Wall.
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Indeed, everyone from casino mogul Donald Trump Donald Trump to Revlon billionaire Ronald Perelman Ronald Perelman could, if he wanted, become the proud owners of the corner of Broad Street and Wall Street in lower Manhattan.
Obama's selection of a reliable insider and budget expert for the critical Treasury job and not a prominent outsider with broad business or Wall Street experience is yet another sign that he intends to actively pursue his economic-policy objectives in his second term, including raising more tax revenues from the wealthy than agreed to in the fiscal-cliff deal.
"The tools banks originally designed to mitigate risks for themselves have been turned into a huge, broad profit center" for Wall Street, says Pamela Martin, head of communications for the Philadelphia-based Risk Management Association.
The second question is definitely not, especially in countries facing with upcoming elections and broad citizen movements like Occupy Wall Street, for a number of reasons: First, people are very unhappy with the way banks behaved in the aftermath of the previous bailout, by maintaining executive bonuses, and by trying to impose additional debit fees that usually burden low income depositors the most.
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That allows a happy medium between being able to thoroughly research the companies and having broad enough exposure, he tells Wall Street Week.
The 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act created broad-based changes to how creditors make loans including new ability-to-repay standards, which we are charged with implementing.
But the secretary, who is the former chief executive of Goldman Sachs (nyse: GS - news - people ), seemed to stop short of a broad and permanent fix to the way Wall Street is regulated--something others on Capitol Hill and elsewhere have demanded.
The list of achievements arising from its most recent initiative begun in 2009 includes nearly 70 guilty verdicts of a broad range of officials in and out of Wall Street.
Democrats are likely to object to her Wall Street ties, while Republicans may be concerned about her broad application of the law.
We do not believe that there is a broad consensus among the American public that we need to roll back Wall Street reforms and we need to adopt the kind of economic policies that led to the worst recession since the Great Depression.
The broad-market rebound also didn't hurt either (See "Wall Street Rising").
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