Investors, take heart: one of the all-time Bad Boys of Wall Street, mean and greedy Gordon Gekko, has turned over a new leaf.
That wall of separation is a bad thing.
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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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Cutting entitlements at the same time as buying hundreds of billions of dollars-worth of bad loans from Wall Street is difficult politics, to say the least.
So summertime is usually not the best time for stocks, but bull markets do love to climb a "wall of worry, " and the bad seasonality is just another brick.
Markets fell hard and wide Tuesday, as a combination of bad news and low volume reminded Wall Street of the uncertainty plaguing investors, despite the relative stability of the past few days.
It took us a decade to see the culmination of some of the bad ideas that had been put into place -- the lack of regulation on Wall Street, middle-class folks struggling.
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That's barely breaking even and adds more pressure to a company that so far has tried to stay in the "not so bad" column on the roster of Wall Street firms hit by the credit crisis.
In central and eastern Europe too, where loans rose at twice the rate of nominal GDP between 2000 and 2007, they hit a brick wall in 2008 as overextended banks ran out of funding and bad debts mounted.
At a minimum, we will need much tighter federal oversight of the non-banks, and that is going to be hugely unpopular with Wall Street (though a bit of squealing from them is no bad thing for voters to hear).
More recently, after all Motorola employees received an e-mail from CFO DaveDevonshireDave Devonshire and RuthFattoriRuth Fattori, head of human resources, announcing that there would be severely reduced--if any--bonuses for staff this year, it was Devonshire who was selected to bring the bad news of the poor first half to Wall Street.
More recently, after all Motorola employees received an e-mail from CFO Dave Devonshire and Ruth Fattori , head of human resources, announcing that there would be severely reduced--if any--bonuses for staff this year, it was Devonshire who was selected to bring the bad news of the poor first half to Wall Street.
Artery walls are damaged by chemicals from tobacco smoke which make holes in the wall lining, and damage LDL, the "bad" form of cholesterol.
The clear winner in all of this is Wall Street where banks continually boast record profits while their bad behavior remains unchecked.
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O'Neal basically said yesterday when he was talking to investors that the company had done a bad job of risk analysis, which, outside of Wall Street means, you know, they kind of got in over their heads.
For all the talk that "Wall Street is back, " bad habits and all, from the ravages of the 2008-2009 crisis, there are signs that the financial industry is undergoing a profound transformation.
In 1994, Mr. Page pleaded guilty after kicking holes in the wall of a bar in El Paso, Texas, and in 1997 he wrote a bad check in North Carolina, according to law-enforcement officials there.
Democrats want to give bankruptcy judges the authority to rewrite the mortgages of homeowners at risk of foreclosure, arguing it's these bad loans that have led to the near meltdown on Wall Street.
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