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The former managing partner of McKinsey & Co. and director at Goldman Sachs Group Inc. and Procter & Gamble was convicted of giving tips to billionaire hedge fund manager Raj Rajaratnam.

Four years ago, Evelyn Stevens was an investment banker who started entering bicycle races. But she rose through the cycling ranks quickly, and next month she'll represent the United States at the London Olympics.

At market's close, the stock was priced at $28.84, or 24 percent below its initial price.

The reputations of JPMorgan Chase, Morgan Stanley and Goldman Sachs have all been taken down a notch or two in recent months. The latest black eye came in the wake the flubbed Facebook IPO.

With an initial market capitalization of more than $100 billion, Facebook could have a distorting effect on some mutual funds, at least in the short term.

JPMorgan Chase says it lost billions of dollars trading "synthetic derivatives." Do these complex Wall Street transactions ever do anything to help average people? To answer that question, we consider the case of an imaginary company, Chickens LLC, that is looking to grow.

The social media giant's stock started trading publicly for the first time today. Interest was huge — more shares traded hands than on the first day of any other initial public offering.

The losses from ill-fated bets made by the bank's London office have been expected to mount. But they're rising even faster than some predicted. Still, JPMorgan's profits from other operations will likely offset the billion dollar blunders.

Strong demand has pushed the company to say it anticipates a higher initial price for its first publicly traded shares. But can the little guy get in on the action? It won't be easy, experts say.

People familiar with the situation tell The Wall Street Journal that the bank's losses from a risky trading scheme will continue to mount in coming quarters. They also say, Bloomberg °µºÚ±¬ÁÏ reports, that JPMorgan may close the office responsible.