Business Law Prof Blogtag:typepad.com,2003:weblog-1480332009-07-17T14:33:15ZA Member of the Law Professor Blogs NetworkTypePad
This is an Atom formatted XML site feed. It is intended to be viewed in a Newsreader or syndicated to another site. Please visit Business Law Prof Blog for more info.
BusinessLawProfBloghttp://feedburner.google.comPaulson Abandonedtag:typepad.com,2003:post-6a00d8341bfae553ef0115711d9db9970c2009-07-17T10:33:15-04:002009-07-17T14:33:15Z2009-07-17T14:33:15ZThe Bush Treasury Secretary Henry Paulson, testified in Congress yesterday in defense of his bailout policies. He was ripped by Democratic Congresspersons, which was to be expected, but also abandoned by Republican Congresspersons, which was also expected. As a Treasury...Joe BusinessCit Group Not "Too Big to Fail"tag:typepad.com,2003:post-6a00d8341bfae553ef0115711d9a2f970c2009-07-17T10:28:45-04:002009-07-17T14:28:58Z2009-07-17T14:28:45ZCit Group, a lender to small and medium businesses, a major factor, asked for and was refused TARP funds this week. It was not "too big to fail"; it was "too little to bailout." The company was only 1,900th in...Joe BusinessSotomayor Testimony on Business Casestag:typepad.com,2003:post-6a00d8341bfae553ef01157119dea8970c2009-07-16T13:05:20-04:002009-07-16T17:05:20Z2009-07-16T17:05:20ZJudge Sotomayor, discussing business cases, noted that business "needs certanty" in the law. This is correct as noted here as far as it goes. Uncertainty has to be negatively priced in deals on both sides and is a net social...Joe BusinessPrivate Equity Under Attack, Againtag:typepad.com,2003:post-6a00d8341bfae553ef01157118a5a2970c2009-07-16T09:27:46-04:002009-07-16T13:27:46Z2009-07-16T13:27:46ZThe FDIC has announced that private equity buyers will be penalized if they purchase failed banks in distress sales by the FDIC. Private equity will have to put up more capital and make more guarantees. The FDIC does not want...Joe BusinessWhen Governments Sell Companies: The Opel Dealtag:typepad.com,2003:post-6a00d8341bfae553ef0115720d5914970b2009-07-16T09:20:38-04:002009-07-16T13:20:38Z2009-07-16T13:20:38ZAnyone with any doubt over whether governments will inject political considerations in deals affecting government owned operating companies should take a close look at the Opel sale. GM, with its majority owned the United States government, is attempting to sell...Joe BusinessThe BofA Storytag:typepad.com,2003:post-6a00d8341bfae553ef0115711898ae970c2009-07-16T09:07:43-04:002009-07-16T13:07:43Z2009-07-16T13:07:43ZThe heavy-handed approach of government regulators to the Bank of America, both over the Merrill Lynch acquisition, and over the current operation of the bank is good theatre. Did Paulson or Bernanke threaten to fire the CEO, Lewis, if he...Joe BusinessThe Government is Played for a Sucker by Bank of Americatag:typepad.com,2003:post-6a00d8341bfae553ef0115710e5f78970c2009-07-14T09:44:28-04:002009-07-14T13:44:28Z2009-07-14T13:44:28ZThe Bank of America and the Treasury had agreed to a "term sheet" that had BofA paying a sizable fee for a "back-stop" guarantee on the value of Merril Lynch toxic assets so that BofA would purchase the failing brokerage...Joe BusinessData on Private Equity Management Skillstag:typepad.com,2003:post-6a00d8341bfae553ef011571d97f7e970b2009-07-08T09:08:37-04:002009-07-08T13:28:34Z2009-07-08T13:08:37ZI noted some time ago that private equity firms, once they buy a public company, set up a management structure that is very different from the one advocated by corporate governance "experts." Data is coming in on how private equity...Joe BusinessThe CFTC Wants Limits on Oil Price "Speculators"tag:typepad.com,2003:post-6a00d8341bfae553ef011571d97a3c970b2009-07-08T09:01:35-04:002009-07-08T13:01:35Z2009-07-08T13:01:35ZThis is huge news. The Commodities Futures Trading Commission, our main futures market regulator, has given notice that it is considering "position limits" on oil futures to stop the effect of "speculators" in the oil futures markets. This signal that...Joe BusinessGM is Sold for Too Much??tag:typepad.com,2003:post-6a00d8341bfae553ef011570df664d970c2009-07-07T14:57:12-04:002009-07-08T00:24:04Z2009-07-07T18:57:12ZThe bankruptcy judge, Judge Robert E. Gerber, approved the sale of GM on Sunday. Under Section 363, GM sold its "healthy" assets to a new company owned 60 percent by the federal government and 17 percent owned by a health...Joe Business