Raj Plays Defense: How will Raj Rajaratnam defend himself against all those wiretapped phone calls the government has been playing for the jury? We find out Monday, as the defense begins its case. Rajaratnam claims he traded not on illicit tips but on publicly available information. The defense plans to call just five witnesses and closing arguments could be upon us in midweek.
With or Without You: The results of Britian's banking review will be released Monday and the whisper is that the report will spell bad news for UK banks, potentially leading some of the major players to seek greener pastures. Barclays to New York? HSBC and Standard Chartered to Asia? The rumors are rampant.
Earnings Season!: You can almost hear the drumroll now. After the market close Monday, Dow component Alcoa reports earnings numbers, kicking off the frenzy that is earnings season. Big names like Intel, Google, JPMorgan Chase and Bank of America are on the docket this week, but let's not get ahead of ourselves. Analysts are looking for Alcoa to deliver a strong quarter of $0.27 a share on elevated demand. The big question is whether rising aluminum prices will benefit the company more than higher input costs have hurt Alcoa.
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