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A Plug and Some Links
I’ll be talking about the Intel Settlement in an ABA program, The Intel Settlement: A Perspective From the Trenches, today at lunchtime along with a great group of panelists with a wide variety of perspectives on the issue, Kyle Andeer (FTC Counsel), Ken Glazer (KL Gates), and Henry Thumann (O’Melveney & Myers). If you’re interested, ... A Plug and Some Links
The disgrace of the legal services market
The WSJ Law Blog discusses N.Y.C.’s Chief Judge Lippman’s campaign to solve the growing problem of poor people facing civil cases without lawyers – 2.3 million people in all state courts last year. Lippman wants more funding for legal aid lawyers. The main existing funding mechanism, the Interest on Lawyer Account Fund, has been depleted ... The disgrace of the legal services market
Incentive compensation for asset managers
I’ve argued, e.g., in Rise of the Uncorporation, that a reason why the uncorporation beats the corporation for some types of firms is the high-powered incentives these firms offer their managers. Sometimes the incentives may not be obvious because percentages, e.g., for “carried interest,” seem not to vary much across firms. But that can be ... Incentive compensation for asset managers
Jurisdictional choice for securities regulation
We usually think about jurisdictional choice for corporate law as applying to state business association laws, not the federal securities laws. But this distinction has never been clear given global securities markets, and it’s less true now than it used to be. The WSJ discusses the securities bar’s and regulators’ lamentations over last summer’s Morrison ... Jurisdictional choice for securities regulation
Representative Michael N. Castle
I write to express opinion about Mike Castle. I do not post to express an opinion about Christine O’Donnell, the Tea Party, the national election, or the Democratic nominee Commissioner Coons. I don’t have a dog in that fight, except to say that I hope for the best for Delaware. I merely post to express ... Representative Michael N. Castle
Talking About Intel
I’ll be discussing Intel on a few occasions the next few weeks. The first is an ABA teleconference on: The Intel Settlement: A Perspective From the Trenches, this Wednesday from 12-130 ET, along with Kyle Andeer (FTC Counsel), Ken Glazer (KL Gates), and Henry Thumann (O’Melveney & Myers). The focus will be on implications of ... Talking About Intel
The face of the financial crisis: on Forbes.com
Looking for the “face” of the financial crisis? You don’t have to look far, as I explain on Forbes.com.
Beer v. Pot, Public Choice Edition
The political economy of alcohol regulation has always been fascinating. But things took an interesting turn of late (HT: Marginal Revolution) when a beer industry trade group took a stand against a proposition that would legalize marijuana in California: The California Beer & Beverage Distributors is spending money in the state to oppose a marijuana ... Beer v. Pot, Public Choice Edition
Who caused the subprime bubble?
Mian, Sufi, and Trebbi have and answer in The Political Economy of the Subprime Mortgage Credit Expansion: the government, mortgage lenders and mortgage borrowers. Here’s the abstract: We examine how special interests, measured by campaign contributions from the mortgage industry, and constituent interests, measured by the share of subprime borrowers in a congressional district, may have ... Who caused the subprime bubble?
Obama Throws Gay People Under the Bus (Again).
Please do not miss this, folks. The President of the United States has now ordered his Department of Justice to fight a group of Republicans who secured a court ruling that the “Don’t Ask, Don’t Tell” policy is unconstitutional and are trying to have it enjoined. This from a man who promised during his campaign ... Obama Throws Gay People Under the Bus (Again).
Money Never Sleeps (but audiences might)
Ok, so I went and saw the movie, thanks to my entrepreneurial colleague Christine Hurt, who already has a post up. Read this post for the basics. I plan to follow up with a much longer analysis when I get the time. Here’s some stuff that should suffice for now. First, the movie stinks. It’s ... Money Never Sleeps (but audiences might)
Illinois Corporate Colloquium: Krawiec on Narratives of Corporate Board Diversity
Each fall I invite leading corporate scholars to present and discuss their recent work to faculty and students in the Illinois Corporate Colloquium. I plan to discuss these papers here on TOTM. This semester we started with Kim Krawiec (Duke) and her paper (with Lissa Broome and John Conley), Dangerous Categories: Narratives of Corporate Board ... Illinois Corporate Colloquium: Krawiec on Narratives of Corporate Board Diversity
