Most people who spend their careers outside of Wall Street have never heard of Knight Capital.
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The first thing that came to mind is the power of women and how crowdfunding can help alter the status quo and Wall Street stranglehold on the distribution of capital.
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"The American banks wanted to get a piece of Chinese banks because they knew the Chinese were quite capable of avoiding Wall Street to raise capital, " said Charles Geisst, a finance professor at Manhattan College and the author of several books on Wall Street history.
The function of Wall Street is to allocate capital for the economy.
In the late 1990s, coincident with the Internet bubble, federal revenues from the progressive income tax, spurred by the enormous realization of capital gains and Wall Street bonuses, grew much faster than GDP, rising briefly above the long-run 18% average to more than 20% before the bubble burst and the stock market crashed in 2001.
These are companies that created a lot of jobs, a lot of intellectual capital, and Wall Street helped finance that.
Crowdfunding means a more democratic distribution of capital at the local level, rather than funneling capital through Wall Street to enrich themselves and play with.
FORBES: 5 Tips For Women Investing In Entrepreneurs Via Crowdfunding
Just compare the way Wall Street treated the recent travails of Knight Capital Group Inc. and its well-respected CEO Thomas Joyce to the way it watched, abetted and even enjoyed the slow, brutal demise of Bear Stearns and its CEO, Jimmy Cayne, and Lehman Brothers and its CEO, Dick Fuld.
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Soon after, the capital was inundated as a wall of water cascaded down, destroying one-third of its housing and leaving many of its 1m inhabitants homeless.
Gov. Spitzer said he hoped a private effort by Wall Street banks to inject capital into some of the hardest-hit bond insurers could get done in the next three to five business days.
The 200-square meter wall near Marylebone Road -- one of the UK capital's grimiest thoroughfares -- is being monitored by Imperial College, London.
Lex van Dam, former top trader at Goldman Sachs and head of hedge fund, Hampstead Capital, takes a dim view of the over-hyped reactions of the Wall Street bosses.
Seven years ago, after the near collapse of Long-Term Capital Management , 12 Wall Street firms got together with Gerald Corrigan, a former Federal Reserve Bank president and now a managing director at Goldman, to look at ways to mitigate counterparty risk in the markets.
As capitalism enriches capital at the expense of labor and Wall Street at the expense of Main Street the winners are busily erecting anticompetitive toll gates all across the economic landscape, be they in the form of lower borrowing costs enjoyed by the still-too-big-to-fail banks or the higher health insurance premiums facing small businesses.
The dead include three in Nepal's capital of Kathmandu, who died when a wall of the British embassy collapsed, according to Kedar Rijal, Kathmandu police chief.
Either growth begins to slow, or you run out of capital to continue to fund losses, or Wall Street cries uncle and asks to see profitability.
FORBES: The Dangerous Seduction of the Lifetime Value (LTV) Formula
Addressing the ceremony on Bernauer Street, famously divided by the Wall and now site of a memorial, Mayor Wowereit said the capital was remembering the "saddest day in its recent history".
On average, venture investors sit on 4.4 boards, although in some cases that number may be rising, according to a survey conducted late last year by the National Venture Capital Association and VentureSource, a unit of Wall Street Journal owner News Corp.
Wall Street analysts at Banc of America Securities, Bear Stearns and RBC Capital Markets had all put a spotlight on today's results.
The Wall Street Journal said former Barclays Capital banker Roger Jenkins was one of the investors joining Mr Fuller in the CKX bid.
Lehman's bankruptcy and AIG's failure suggest Wall Street has too much leverage and too much capital devoted to products of questionable economic utility.
Most Indian news TV channels and websites are giving wall-to-wall coverage of the death of Delhi gang rape accused Ram Singh in the capital's Tihar jail.
Companies outside the United States like to list on Wall Street for two main reasons: access to the large pool of American capital and the creation of a dollar-based stock that can be used to buy U.S. businesses.
FORBES: Why the world would be better off with one big stock market.
The Wall Street Journal Deutschland recently held a tech cafe event in the heart of the capital's startup district, Mitte, and much of the talk around the tables of the Kaffeemitte was on German entrepreneurship.
"It was then that the health care industry fell out of favor on Wall Street, " says Glenn Novarro, an analyst at RBC Capital Markets.
The Wall Street Journal reports that private equity firm CVC Capital Partners is selling approximately half of its 40% stake in Pilot Travel Centers.
Private equity shop Warburg Pincus and William Ackman of hedge fund Pershing Square Capital Management have each earned a place among Wall Street's upper reaches by making smart investments.
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