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Lloyds Lacking Risk Controls? Weisel's Armstrong Ties Questioned, and More News of the Week
Lloyds Bank, following a few systems failures in 2012, is facing accusations from a former executive that risk controls are lacking, while Thomas Weisel is under scrutiny for ties to Lance Armstrong, HSBC can't get away from its money laundering settlement and "genius" trader risk top this weeks chatter in the press and on Twitter.
Wall Street's Funniest Responses to the Fiscal Cliff Debacle
Thank goodness the Fiscal Cliff is behind us. Congress only had to bypass the "deadline" and go into overtime to get a deal done, keeping investors and the markets on edge the entire time. Here are some of the amusing quotes and Tweets that came across the wire as the Fiscal Cliff "negotiations" finally produced an agreement.
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