Investing and Global Finance News

New Regulations Will Bring Transparency to Wall Street

New regulations to better control high-risk trading on Wall Street were ushered in on Tuesday by government regulators seeking ways to prevent future financial crisis caused by high-risk business practices. The rules are an expansion of the Dodd-Frank regulatory law and will give the government more control over the $700 trillion derivatives industry, a murky… Continue Reading

HP Releases New Wave of All-In-One PCs

As a follow-up of April’s Ivy Bridge desktops, HP has released another wave of all-in-ones to cater to both businesses and consumers: the Compaq Elite 8300, the Compaq Pro 6300, the HP Envy 23, and the HP Pavilion 23. This is not the first time that HP has managed to create machines that target several… Continue Reading

Steven Klinsky: CEO and Founder of New Mountain Capital

Steve Klinsky founded New Mountain Capital in January, 2000 in New York. New Mountain’s first private equity fund was Mountain Partners, LP, with assets valued at $770 million. During the ensuing years Klinsky created two additional private equity funds; New Mountain Partners II, which was launched with $1.55 billion beginning in January 2005; and New… Continue Reading

On Mario Draghi, Leader of the Central Bank of Europe

Mario Draghi is the head of the European Central Bank. With the debt and economic crisis looming dangerously over several crucial European nations, the power Draghi wields is formidable. One observer, Franklin Allen, professor of finance at the University of Pennsylvania’s Wharton School of Business had this to say about Mario Draghi: “In terms of… Continue Reading