Facebook's lead banker, Morgan Stanley, appears to have bought a huge amount of Facebook stock on Friday to try to stop the price from falling below the IPO price. If Morgan bought all the shares sold near $38 in the final 20 minutes of trading, Reuters calculates, the firm might now be the owner

Yesterday, fewer than 100 people showed up at Mark Zuckerberg's Palo Alto home. They thought they were attending a graduation party for Priscilla Chan, Zuckerberg's girlfriend of 9 years who had just finished medical school. Instead, they found themselves at a wedding, AP reports. Upon arriving

$5 billion or more? From WSJ: The nation's largest bank has said publicly that its losses on the trades have surpassed $2 billion, and people familiar with the matter have said they could over time reach $5 billion. But the losses could be even bigger if the company sells its positions into a

Yesterday, Mark Zuckerberg shocked everyone, including the wedding guests, when he and his long-time girlfriend Priscilla Chan wed yesterday. No one even knew the couple was engaged; less than 100 guests attended the event but thought they were being gathered to celebrate Chan's recent med school

Rajat Gupta was once a board member at Goldman Sachs and managing director of consulting giant McKinsey & Co. Now, he's the biggest target yet in the government's sprawling insider trading crackdown.

Facebook is finally public, but that won't solve Greece's problems.

A day after his social media company went public, Facebook co-founder and chief executive married his longtime girlfriend Patricia Chan.

Just checking in on Jeff Gundlach's famous long natural gas/short Apple trade. It's still been on a ridiculous run since he announced it, gaining nearly another 3% just on Friday. Please follow Money Game on Twitter and Facebook.Join the conversation about this story »

Morning Weather 5-20-12 “Morning Weather 5-20-12″ is categorized as “local”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page. If you are a new American Banking & Market News reader,

Christopher Wood of CLSA has a tidy sumup of the Greece situation in the latest version of his GREED & Fear note. GREED & fear was asked this past week what were the possibilities that stock markets have seen their highs for the year? Four weeks ago GREED & fear had put the odds at

By Stanley Barton:The beauty of being a long-term, value investor is that you get vindication every 20 years or so. Unfortunately, that is small compensation for all those luncheons with colleagues bragging about their stock picks doubling, when the best thing you have to celebrate is a ten-cent

By Stock Croc:Google (GOOG) recently announced a significant revision to its search engine algorithm called Knowledge Graph. This modification uses word associations (in a manner similar to the human brain) to enable it to deliver more relevant search results, thereby enhancing its users' search

By Tedra DeSue:While JPMorgan Chase (NYSE: JPM) has dominated the headlines for the past week due to its derivative trading debacle, there is a news item that gained less attention, but is important to point out. The bank has entered the prepaid debit card market, which is growing in popularity and

Product development seemed to be put on the back burner this week with no new launches from the ETF industry. Despite the slowdown, some ETFs may be getting a makeover soon as Facebook’s highly anticipated IPO hit the markets on Friday to an overwhelmingly high volume. While a number of

Guatemalan authorities on standby as the famed Fuego volcano spews lava and ash. Travis Brecher reports. “Guatemala’s famed Fuego volcano erupts” is categorized as “world”. This video was licensed from Grab Networks. For additional video content, click the

Lockheed Martin (LMT) has reached new labor deals with the IBEW and OPEIU unions, which represent 500 workers in total, at its Fort Worth plant. However, a strike by the bigger IAM union, which represents 3,300, has entered a 5th week. Lockheed is not at full-scale ops, but it is "continuing to

The next tranche of Greek aid remains up in the air, and tax collections (surprise!) running vastly below expectations, so Greece is urgently trying to come up with a solution to fund itself as it sees its cash pile rapidly dwindling. Ekathimerini has a good report on the situation: The public

White House photographer David Souza has done it again. From The White House flickr: Prime Minister David Cameron of the United Kingdom, President Barack Obama, Chancellor Angela Merkel of Germany, José Manuel Barroso, President of the European Commission, and others watch the overtime

Samsung (SSNLF.PK) says that while "there is still a big gap" in its patent war with Apple (AAPL), it still has "several negotiation options including cross-licensing." CEO Choi Gee-sung is due to meet Tim Cook in a U.S. court tomorrow to resolve the IP disputes. Post your comment!

By Helix Investment Management:The hype surrounding the Facebook (FB) IPO resembled something seen in the heyday of the dot-com era, with the fervor reaching a fever pitch on Thursday, May 17, the day before Facebook started trading on the NASDAQ. The IPO was priced almost perfectly, as the stock

Spanish PM Mariano Rajoy rejects the idea that the nation's banks should go cap in hand to the EU bailout fund, an idea that Francois Hollande apparently floated, although Rajoy is skeptical that he did. Another report says Spain turned down EU pressure to accept an IMF credit line to help

Kyle Bass was one of the handful of hedge funders who made a fortune betting against housing during the subprime bust, and since then he's been stalking his next big "career trade." For years now, his big target has been Japan, a country with a debt-to-GDP ratio of over 200% and a shrinking/aging

The Seaway pipeline yesterday started to transport crude oil from Cushing in Oklahoma to refineries in Huston following the completion of a reversal project. The new direction of the pipeline, which is owned by Enterprise (EPD) and Enbridge (ENB), should help ease the glut of crude at Cushing and

G8 leaders wrapped up a weekend retreat in Camp David yesterday, saying they want Greece to stay in the euro, although they offered no new proposals for helping the country out of its mess. The leaders also said it's "our imperative" to promote growth as Angela Merkel found herself increasingly

Facebook CEO Mark Zuckerberg weds longtime girlfriend. Julie Noce reports. “Zuckerberg changes status to ‘married’” is categorized as “us”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top

  Coming Week Market Movers, Their Lessons & Ramifications There are 4 likely market drivers for the coming week. Only one is truly dominant, and to profit from it, you need to ask and answer 3 key questions. First, some background. In case you ignored market news for the past 2 weeks,

If or when policymakers finally decide Greece should leave the euro, the exit could happen so quickly that "new drachma" currency notes might not be printed in time.

Monthly data reported in the last week was mixed, due to revisions in the prior month's data. Retail sales were up, just barely. There was no consumer inflation. Housing permits fell sharply, but only because the prior month's numbers were revised even more sharply higher. This caused the Index of

JPMorgan's (JPM) losses from its disastrous trades could reach $5B or more, the WSJ reports, as the bank struggles to unwind its positions. Major problems include increasing worries about Greece and the the EU economy. Meanwhile, the CFTC becomes the latest government agency to open a probe into

Mourners remember victim of bomb blast in Italy. Julie Noce reports. “Residents mourn bomb victim” is categorized as “world”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page. If you are a

Ray Dalio, fabled hedge-fund manager, says the U.S. has done a "beautiful" job delevering, but sees a 30% chance Europe will stumble badly.

"Had I right, for my own benefit, to inflict this curse upon everlasting generations? I had before been moved by the sophisms of the being I had created; I had been struck senseless by his fiendish threats; but now, for the first time, the wickedness of my promise burst upon me; I shuddered to

Meteorologist Julia Weiden with central New York’s most accurate forecast. “Storm Team Forecast: 6:30pm Saturday 5/19″ is categorized as “local”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top

Chinese dissident Chen Guangcheng received cheers and applause from crowds gathered to greet him near New York University. Rough Cut (no reporter narration) “Blind Chinese dissident arrives in U.S.” is categorized as “us”. This video was licensed from Grab Networks. For

This is what’s in the news for Friday May 18, 2012. The Wall Street Journal reports bad debts held by Spanish banks jumped to a 17-year high in March, according to the country’s central bank, as 8.37% of the loans held by banks, or EUR147.97B, were over three months overdue for

11 News At 530 on May 19, 2012 Part 2 of 2 “11 News At 530 on May 19, 2012 Part 2 of 2″ is categorized as “local”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page. If you are a new

Summer-like weather continues Sunday. “WETM 18 Futurecast Plus 5-19″ is categorized as “local”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page. If you are a new American Banking &

The banking giant's $2 billion loss has many lawmakers and economists wondering what happened to the 2010 financial overhaul, which was supposed to prevent risky hedging. Many are also looking back further — to a Depression-era law, repealed in 1999, that separated commercial and investment bank

Evening weather 5-19-12 “Evening weather 5-19-12″ is categorized as “local”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page. If you are a new American Banking & Market News reader,

Just checking in on Jeff Gundlach's famous long natural gas/short Apple trade. It's still been on a ridiculous run since he announced it, gaining nearly another 3% just on Friday. Please follow Money Game on Twitter and Facebook.Join the conversation about this story »

Jeremy Tabin’s Saturday Night Forecast (5/19/12) “Jeremy Tabin’s Saturday Night Forecast (5/19/12)” is categorized as “local”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

Hear reaction from Pimlico after I’ll Have Another’s win. “I’ll Have Another takes Preakness” is categorized as “sports”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

Facebook founder and CEO Mark Zuckerberg updated his status to "married" on Saturday.

Monthly data reported in the last week was mixed, due to revisions in the prior month's data. Retail sales were up, just barely. There was no consumer inflation. Housing permits fell sharply, but only because the prior month's numbers were revised even more sharply higher. This caused the Index of

Legislature Day 98 “Legislature Day 98″ is categorized as “local”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page. If you are a new American Banking & Market News reader, we would

Online Weather 5-20-12 “Online Weather 5-20-12″ is categorized as “local”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page. If you are a new American Banking & Market News reader, we

Chen and his family arrive at New York University to throngs of supporters. Julie Noce reports. “Chen arrives at NYU” is categorized as “us”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this

Facebook is finally public, but that won't solve Greece's problems.

A day after his social media company went public, Facebook co-founder and chief executive married his longtime girlfriend Patricia Chan.

Two Men Robbed at Gun-Point “Two Men Robbed at Gun-Point” is categorized as “local”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page. If you are a new American Banking & Market News

Lady Vols beat UAB, Miami (OH) “Lady Vols beat UAB, Miami (OH)” is categorized as “local”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page. If you are a new American Banking & Market

Facebook CEO Mark Zuckerberg weds longtime girlfriend. Julie Noce reports. “Zuckerberg changes status to ‘married’” is categorized as “us”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top

$5 billion or more? From WSJ: The nation's largest bank has said publicly that its losses on the trades have surpassed $2 billion, and people familiar with the matter have said they could over time reach $5 billion. But the losses could be even bigger if the company sells its positions into a

CAMP DAVID, Maryland (Reuters) - World leaders backed keeping Greece in the euro zone on Saturday and vowed to take all steps necessary to combat financial turmoil while revitalizing a global economy increasingly threatened by Europe's debt crisis.

Protesters say a new law cracking down on Quebec student demonstrations is draconian. “Quebec’s student crisis law stokes unrest” is categorized as “world”. This video was licensed from Grab Networks. For additional video content, click the “video” tab

Ken Rosenthal talks with Cole Hamels about his charity work. “MLB on FOX: Hamels honors vets” is categorized as “sports”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page. If you are a new

U.S. President Obama says “stable, growing European economy is in everybody’s best interest” at meeting of world leaders outside of Washington. Deborah Gembara reports. “World’s leaders discuss Europe’s economic woes” is categorized as “us”.

Microsoft is pulling back the curtain today, giving us just a little more insight into Windows 8. The most interesting detail? The tweaks coming to the Windows 8 desktop user interface, or UI. “Windows 8 Teases New Desktop and UI Features” is categorized as “science and

Seeking Answers for Boy Killed in Fire – Laura Berry Reports “Seeking Answers for Boy Killed in Fire – Laura Berry Reports” is categorized as “local”. This video was licensed from Grab Networks. For additional video content, click the “video” tab

Westboro Baptist Church Picket “Westboro Baptist Church Picket” is categorized as “local”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page. If you are a new American Banking & Market