A TED Talk challenging conventional wisdom that rich entrepreneurs are the number one job creators is now available for public viewing, after TED organizers originally kept the video private because it was too "explicitly partisan."
JPMorgan Chase says it lost billions of dollars trading "synthetic derivatives." Do these complex Wall Street transactions ever do anything to help average people? To answer that question, we consider the case of an imaginary company, Chickens LLC, that is looking to grow.
Facebook begins public trading Friday at $38 a share. The social networking company boasts 900 million users, giving it undeniable clout in the marketplace. Whether Facebook can generate enough profit to justify its valuation is another matter.
The New York Rangers play the New Jersey Devils Saturday in Game 3 of the Eastern Conference Finals. Delta Airlines is offering free plane tickets to New Jersey for some lucky Rangers fans. The flight time for the 20 mile trip is 17 minutes but the estimated travel time, with airports and the TSA involved, is around three hours.
David Greene talks to financial writer William Cohan about Jamie Dimon, the CEO of JP Morgan Chase. Before he was an award-winning journalist, Cohan was a banker at JPMorgan. The Justice Department is looking into the bank's risky trades which resulted in at least a $2 billion loss.
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