The Street Beat

Facebook has had a rough year. Since going public at $38 a share on May 18, the social networking company’s stock price has fallen about 12 points or 31 percent. But earlier this week, Facebook’s (FB) stock price rose more than 8 percent after some analysts upgraded their recommendations on the stock. By midday trading […]

Dark pools. Collateral-easing. Exchange-traded funds. FICO. Securitize. Liquidity… ah, the list goes on. The ratio of people who understand how Wall Street works to people who don’t understand how Wall Street works is probably something like 1:1,000. Higher, maybe? Probably. That’s why I worship news sites like Planet Money and projects like The Crisis of […]