* Hillary? Who's next at World Bank
* Megan McArdle: Tricky thing about income mobility
* Steven Davidoff: Lessons from Diamond's Pringles fiasco
* Charlie Gasparino: Regs may expand definition of "insider trading"
* Morning Call: U.S. futures point lower, London falls early, European shares slide and the Nikkei retreats.
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* MF Global reveal: You may be a bank counter-party
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* Why not? Linsanity reaches Quora
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Japan's debt levels have ballooned to a level that makes Greece look like a steward of capital. Wall Street has noticed, and it's placing its bets.
By Cyrus Sanati, contributor
FORTUNE -- With the European sovereign debt imbroglio taking a breather for the moment, there is increasing concern on Wall Street that Japan could be the next major flashpoint in the ongoing global financial crisis. It appears that the country's economic reckoning, some 20 years MORE
Feb 16, 2012 5:00 AM ET
John Paulson
The hedge fund manager who called the crash continues to struggle in the recovery.
No one will ever call it his greatest trade ever. The worst? Maybe not.
John Paulson, the hedge fund manager who made billions betting against housing in 2007 and 2008, sold much of his stakes in the nation's largest financial firms in late-2011, missing this year's large rally in those stocks. Shares of Bank of America MORE
Stephen Gandel, senior editor - Feb 15, 2012 1:06 PM ET
Alberta Finance Minister Ron Liepert has a message for U.S. politicians: We'll find a way to get our oil down south with or without Keystone. That, or it might just go to China.
FORTUNE -- The world has turned upside down. First, despite a decade-long exercise in hand-wringing about reducing American dependence on the oil of, shall we say, "unfriendly" governments, the U.S. just put the kibosh on a deal with Canada MORE
Duff McDonald, Contributing Editor - Feb 15, 2012 11:48 AM ET
Greece's problems aren't all about debt. They're about competitiveness, and changing the arcane rules in areas from the cruise industry to pharmaceuticals would help it reboot its economy.
FORTUNE -- The searing images from Athens -- the streets choked with rioters, stately buildings and Starbucks' ablaze -- are masking a drive to liberate markets that's unlike anything any nation has attempted to do in decades. The platform is being pushed hard MORE
Shawn Tully, senior editor-at-large - Feb 15, 2012 9:20 AM ET
FORTUNE -- In the Oct. 30, 1989, issue, Fortune profiled 12 rising stars in the world of investing under a provocative headline: "Are These the New Warren Buffetts?" There can be only one Oracle of Omaha, of course. But looking back, our search for investors with a Buffett-like skill for compounding money proved to be highly successful. "Odds are that at least a few will go on to investing fame MORE
Scott Cendrowski, writer-reporter - Feb 15, 2012 5:00 AM ET
Superstar investor Seth Klarman's controversial plan to develop a quarry in Ontario could pay off bigtime.
FORTUNE -- Drive an hour northwest from Toronto along Highway 10 and you come across some of the best farmland in Canada. Folks here call it the Garden of Eden. Atop a 15,000-acre plateau sits a layer of dark dirt so perfectly balanced with clay and nutrients that it breaks apart in your hand like MORE
Scott Cendrowski, writer-reporter - Feb 15, 2012 5:00 AM ET
A new survey says graduates of the nation's top b-school aren't entirely optimistic, but they have some pretty solid ideas about how to get Americans back to work.
By Nina Easton, senior editor-at-large
FORTUNE -- 'Ask yourselves what you can do to bring jobs back to your country," President Obama dramatically implored business leaders in his State of the Union address, "and your country will do everything we can to help you succeed."
In MORE
Feb 15, 2012 5:00 AM ET
The largest public pension in Texas won't back up its big talk.
Three months ago, The Teacher Retirement System of Texas announced that it had selected Apollo Global Management (APO) and Kohlberg Kravis Roberts & Co. (KKR) to each manage $3 billion. It was a huge announcement, with many believing that it could lead to a realignment of relationships between large public pension systems and top private equity firms.
Here was the basic value MORE
Dan Primack - Feb 14, 2012 3:31 PM ET
A New NBER paper suggests that Bernanke's personality has stymied the Federal Reserve.
FORTUNE -- Would we all be better off if Ben Bernanke were more like Simon Cowell? A new paper published this week by the National Bureau of Economic Research seems to suggest so.
The paper by economics professor Laurence Ball of Johns Hopkins University, which is titled Bernanke and the Zero Bound, asks why the Federal Reserve hasn't been MORE
Stephen Gandel, senior editor - Feb 14, 2012 3:13 PM ET
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| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.78 | -0.20 | -2.51% |
| Citigroup Inc | 31.72 | -0.36 | -1.12% |
| General Electric Co | 18.76 | -0.18 | -0.95% |
| Ford Motor Co | 12.38 | -0.10 | -0.80% |
| Microsoft Corp | 30.04 | -0.21 | -0.69% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,780.95 | -97.33 | -0.76% |
| Nasdaq | 2,915.83 | -16.00 | -0.55% |
| S&P 500 | 1,343.23 | -7.27 | -0.54% |
| Treasuries | 1.93 | 0.01 | 0.36% |
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