The Big Picture

Lots of news today helped to drive an overbought market downwards. SPX got shellacked, and the Dow closed near the lows of the day. Which...

Volume on the consolidated NYSE is on track to be the busiest non expiration day since Dec 18th ’09 with Citi 20% of total volume.

The great Tom Toles:

> I am on Dylan Ratigan’s new show today at 4:30pm, discussing the Goldman Sachs — apparently, some of the mortgages int...

> I am on this provocatively titled NYFWA panel this evening: PARASITES OR WATCHDOGS: Have Bloggers Reinvented Financial Journalism?...

As part of its 2 notch downgrade for Portugal to A-, S&P is saying under their revised base case economic growth scenario, “we...

April Consumer Confidence rose to 57.9 from 52.3 and was 4.4 pts above expectations. It’s the highest level since Sept ’08 as...

You know things look dire for GS when Jim Cramer, an alum and longtime company fan, suggests Goldie is in trouble. According to the CNBC...

DJMT has the exclusive inside testimony of Llyod Blankfein: “The issue here is not whether we broke a few rules, or took a few...