The Deal Video

Does the Volcker Rule reduce risk?

2010-02-05T20:38:43Z

Rochdale Securities analyst Richard Bove told The Deal's Mary Kathleen Flynn that the Volcker Rule proposal is not necessarily focused on reducing the right risk in the financial system. Bove says if the Volcker Rule had been in effect it would not have prevented the financial crisis. Watch the video below or download it at iTunes. - Maria Woehr

Volcker Rule changes what a bank is, Bove says

2010-02-05T20:36:39Z

Rochdale Securities analyst Richard Bove speaks with The Deal's Mary Kathleen Flynn about how the Volcker Rule changes the definition of a bank. Bove says this is a bad thing because it creates companies funded with highly liquid assets, which leaves them prone to failure. For more check out The Deal magazine cover story "What is a bank?" Watch the video below or download it at iTunes. - Maria Woehr

Why Gary Vaynerchuk wants to buy the NY Jets

2010-02-05T16:20:50Z

Wine Library TV's Gary Vaynerchuk tells The Deal why he really wants to buy the New York Jets in this video, shot on location at his office/studio above the Wine Library in Springfield, N.J. Vaynerchuk helped turn his family's liquor store into a $70 million online wine retailer and made his daily wine-tasting videos a staple for thousands of viewers, as Time points out. Check back next week, when we'll have more video clips to share from our conversation about dealmaking in the wine business, angel investing and the "thank-you economy" with the author of the best-selling book, "Crush It! Why Now Is the Time to Cash In on Your Passion." Watch the video below or download it at iTunes. - Mary Kathleen Flynn

Private equity in president's cross hairs

2010-02-05T14:25:53Z

Private equity firms would take a serious hit if President Obama's proposal to regulate banks becomes a reality. The president's plan, aimed at limiting risky bank behavior, would ban financial institutions from operating or investing in PE funds, which get roughly 10% of their total investment from banks. Jones Day partner Bob Kennedy says, "PE is not a short-term, high-risk investment class" and shouldn't be lumped in with the reckless lending that triggered the financial crisis. Watch the video below or download it at iTunes. - Suzanne Stevens

Drew Brees, the NFL and American Needle

2010-02-04T21:20:44Z

Sunday's Super Bowl matchup in Miami between the New Orleans Saints and the Indianapolis Colts is getting loads more media attention than American Needle v. NFL, which is now before the U.S. Supreme Court. But Frank Ryan, a sports and intellectual property attorney with Nixon Peabody LLP, says the outcome of the latter fight could have broad implications for professional athletes, sports leagues and sports gear manufacturers. Watch the video below or download it at iTunes. - Suzanne Stevens

Bank comp rules are 'payback time'

2010-02-02T21:48:10Z

Gustavo Dolfino calls legislation aimed at limiting mile-high banker compensation "payback time" for the risky investments that triggered the financial crisis. The senior managing director for executive recruiter Accretive Solutions and former Smith Barney banker says, however, that dialing up the equity portion of compensation and increasing vesting and holding periods will do nothing to address the reckless lending that crippled the economy. Watch the video below or download it at iTunes. - Suzanne Stevens

Private equity's slow return to retail M&A

2010-02-02T18:30:37Z

The middle-market retail M&A environment is seeing more action, most of it involving big retail discounters such as Amazon.com Inc. (NASDAQ:AMZN) and Best Buy Co. (NYSE:BBY). There are signs, however, that private equity buyers may get in the game as well. It may not happen soon, says Jennifer Herber, who covers the retail and apparel sectors for the investment bank Stephens Inc., but there have been some positive developments in the debt markets that could lure financial buyers back beginning in mid- to late 2010. Watch the video below or download it at iTunes. - Suzanne Stevens

Ken Auletta on why Google tried to buy Twitter

2010-02-01T17:21:48Z

Ken Auletta, the author of "Googled: The End of the World as We Know It," explains why Google Inc. (NASDAQ:GOOG) reportedly tried to buy Twitter Inc. last spring and invest in Facebook Inc. before Microsoft Corp. (NASDAQ:MSFT) backed it. In The Deal's video interview, The New Yorker writer also gives his assessment of the real-time search partnerships Google struck with Twitter and Facebook late last year. We caught up with Auletta last week at the Software and Information Industry Association Summit. Watch the video below or download it at iTunes. - Mary Kathleen Flynn

Simpson Thacher's Meyerson on blind pools

2010-02-01T12:33:56Z

Bond Street Holdings LLC's acquisition of Premier American Bank NA signals the Federal Deposit Insurance Corp. may be getting more comfortable with the idea of nonbanks buying failed financial institutions. Bond Street is a so-called blind pool, a fund raised by groups of investors and led by former bankers. According to Simpson Thacher & Bartlett LLP's Lee Meyerson, its Premier American acquisition paves the way for similar deals. Watch the video below or download it at iTunes. - Suzanne Stevens

Barney Frank, Davos and global financial reform

2010-01-29T20:42:13Z

Rep. Barney Frank, D-Mass., is in Davos, Switzerland, talking to anyone who will listen about the need for global financial coordination. Greenberg Traurig LLP's James Bacchus, who as a Florida congressman served with Frank on the House Financial Services Committee, says while achieving consensus won't be easy, global coordination on trade provides a road map. Watch the video below or download it at iTunes. - Suzanne Stevens

Discount retailers eye middle-market buys

2010-01-29T20:31:50Z

Expect large discount retailers to do some shopping in the middle market in 2010. Jennifer Herber, who covers the retail and apparel sectors for the investment bank Stephens Inc., says greater visibility into earnings, more access to financing and more reasonable valuations are already luring big retailers to the M&A field. Watch the video below or download it at iTunes. - Suzanne Stevens

Simpson Thacher's Meyerson on Rohatyn's return

2010-01-28T21:26:47Z

Simpson Thacher & Bartlett LLP's Lee Meyerson tells The Deal's Suzanne Stevens that initially he was surprised that Felix Rohatyn has returned to Lazard (NYSE:LAZ) as a special adviser. "It's a reunion of the old gang," he says. "I think he will have a significant impact." Watch the video below or download it at iTunes. - Maria Woehr

A vote for Ben Bernanke

2010-01-28T19:52:12Z

The U.S. Senate on Thursday approved a second term for Federal Reserve Chairman Ben Bernanke in a vote of 77-23. It's a good thing, says James Bacchus, chair of the global practice group at Greenberg Traurig LLP and a former U.S. congressman and House banking committee member. Denying Bernanke a second term, he says, would only lead to further financial turmoil. Watch the video below or download it at iTunes. - Suzanne Stevens

Will Oracle succeed in selling systems?

2010-01-27T20:48:24Z

"It's a very different business that Sun and Oracle are in," said Peter Falvey, co-founder of tech bank Revolution Partners LLC, a division of Morgan Keegan & Co., in a video interview with The Deal. "Oracle is used to selling software, which has very different margins and a very different sales process than Sun. They're not necessarily going to be able to cross-sell as easily as people think they're going to." With the closing of its long-delayed $7.4 billion acquisition of Sun Microsystems Inc. (NASDAQ:JAVA) on Wednesday, Oracle Corp. (NASDAQ:ORCL) begins a dramatic and risky transformation from a company that makes software to one that also makes hardware. The Deal Pipeline subscribers may read more. Watch the video below or download it on iTunes. - Mary Kathleen Flynn

Could Bing topple Google's search reign?

2010-01-27T19:55:41Z

Could Microsoft Corp.'s (NASDAQ:MSFT) Bing topple Google Inc.'s (NASDAQ:GOOG) search reign? Jefferies & Co. Internet analyst Youssef Squali thinks it has a chance. He says Microsoft's Bing is gaining market share and its deal to use Yahoo! Inc.'s (NASDAQ:YHOO) premium search advertising tools could leave Google vulnerable. "The rate of growth in Google's market share is smaller today now that Bing is being pushed aggressively, than it was three or four or five months ago," he says. Watch the video below or download it on iTunes. - Maria Woehr