Buyout Professionals Opine On Succession, Best Practices
As more U.S. private equity outfits are being handed over to their second-generation – and some to third-generation – leadership, the buzz around succession planning is growing ever louder. The process, underway for some time at certain firms, is gaining traction among private equity professionals, due in part to the difficult...
Rogoff: Coronary Capitalism
Ken Rogoff on the need for government to intervene and overcome important market failures: Coronary Capitalism, by Kenneth Rogoff, Commentary, Project Syndicate: A systematic and broad failure of regulation is the elephant in the room when it comes to reforming...
Sinha Fine A Sign Of Harsher Regimes In UK, US
The fine levied on former J.C. Flowers U.K. Chief Executive Ravi Sinha may be a sign of tougher penalties by regulators.
Most of the World Wants More Bank Regulation
More business regulations. That is what survey after survey around the globe shows that the world’s populations wants. Despite a relentless propaganda campaign of misinformation, fabricated data and false narratives, the public has not been fooled by the 1%. The best efforts of a well funded group of ideologues — Free Market absolutists, anti-Democracy and...
Buyout Pros Contemplate An Industry ‘Under The Glare’ During Romney Campaign
At a conference, private equity executives express concern about the attacks on the industry but think there's an opportunity for image-reshaping.
Euro Zone Bank Stress Test
Here’s another fun quiz, this one from Reuters Breakingviews: Wanna know how much Capital that needs to be raised by...
Wait… Spreads Haven’t Decreased After All?
HFT shrinks spreads and provides liquidity. You’ve heard it all a thousand times, and more. It’s good for you; take your Soma! Honestly, today when investors hear those words, they are wise to the propaganda, and they discount it appropriately. The only “defense” thrown up by the for-profit exchanges’ catering to HFT at each and...
How Did the Fed Get Things So Wrong?
We are, as they say, live: How Did the Fed Get Things So Wrong? It's about the Fed's mistakes before and during the crisis, and how it might improve going forward.
SFO Goes After Paid Dividends
The amount of money involved - £131,201 - is moderate but this first clawback of paid-out dividends shows a new aggressiveness by the SFO, which is now armed with the extra powers of the U.K. Bribery Act.
Despite Antitrust Setback, TA Associates Finds New Buyer For TaxACT
TA Associates gets a second chance at an exit for TaxACT, after antitrust regulators scuttled a prior effort to sell the company to H&R Block Inc.
"Raskin Urges Penalties on Mortgage Servicers"
I talked to Jamie Galbraith briefly today at a session he was participating in here at the AEA meetings in Chicago -- he was a discussant on a panel talking, in part, about the problems in the financial sector that...
China gets shorty
In his latest move to support the development of China’s capital markets, Guo Shuqing, the newly installed head of the China Securities Regulatory Commission, will oversee...
