Showing results for: “digital markets act”
In Defense of Short-Selling
In today’s W$J, Holman Jenkins stands up for short-sellers, and rightly so. Those folks have taken a bit of a beating lately. They’ve been sued by companies like Biovail and Overstock.com and trashed on talk shows like CBS’s 60 Minutes. [NOTE: I originally linked to the 60 Minutes segment, but I just realized that the ... In Defense of Short-Selling
Antitrust, the ABA, and Analysis of Law School Cost Variables
Josh’s interesting post re the sunsetting of the ABA’s antitrust consent decree, as well as David Zaring’s, are worth some further thought. One problem with the consent decree is that it is widely misunderstood. All that antitrust law forbids the ABA to do is impose minimum salaries and other conditions of employment. But that is ... Antitrust, the ABA, and Analysis of Law School Cost Variables
A Bizarre Insider Trading Case from Down Under
Today’s W$J reports on an odd lawsuit the Australian government is pursuing against Citigroup. According to the Australian Securities and Investments Commission, a smoke break conversation between Citigroup employees resulted in illegal insider trading. Citigroup, it seems, was representing bidder Toll Holdings, Inc. in a yet-to-be-announced hostile bid for Patrick Corp., Austrialia’s largest port cargo ... A Bizarre Insider Trading Case from Down Under
Larry Ribstein, RIP
This morning our dear colleague, Larry Ribstein, passed away. The intellectual life of everyone who knew him, of this blog, and of the legal academy at large is deeply diminished for his passing. For me, as for many others, Larry was an important influence, not only intellectually but personally, as well. Larry was the godfather ... Larry Ribstein, RIP
Remembering Larry Ribstein
Like everyone else, I am shaken by Larry’s untimely passing. He was a fine scholar and a truly nice person. His *generosity* is what I remember most about him, especially as relates to younger scholars. As Geoff has mentioned, an obvious example of Larry’s generosity to the young was his willingness to put his ... Remembering Larry Ribstein
Group Photo of GE’s Board
The NYT points out today (here) that the group photo of GE’s board appearing in its 2005 annual report is a cut and paste job. “[S]ome photographs had been taken individually and others in small groups. They were then assembled . . . for a panoramic shot of the powerhouse board . . . .” ... Group Photo of GE’s Board
Remembering Larry Ribstein
I was terribly saddened and, quite frankly, dumbfounded when I heard that Larry Ribstein had passed away. I had seen Larry approximately three weeks before when he gave a workshop at Yale and the last thought that would have crossed my mind would have been that I would be receiving such horrible news. At the ... Remembering Larry Ribstein
MSM, Blogs, and George Mason's "Other" Big News
It has been a fine month for George Mason University. The Final Four appearance has attracted a good deal of media attention and general buzz. This week, I received a record number of phone calls from friends about Mason (“No, I dont have any extra Final Four tickets.”). As great as this news is for ... MSM, Blogs, and George Mason's "Other" Big News
Macey on Anticapitalist Claptrap, Private Equity, and Politics
Jonathan Macey (Yale) defends private equity against nonsensical attacks from Newt Gingrich, Jon Huntsman and others (Rick Perry is spared by Macey, but not by Bainbridge) in today’s Wall Street Journal: Mitt Romney’s candidacy is subjecting the entire private-equity industry—where Mr. Romney spent most of his business career—to vicious attacks by journalists and several of ... Macey on Anticapitalist Claptrap, Private Equity, and Politics
Options Have Value, Even If DOT Doesn’t Get It
Last week Thom posted about the government’s attempt to hide the cost of taxes and regulatory fees in commercial airfares. Apparently Spirit Airlines is highlighting another government-imposed cost of doing business by advertising a new $2/ticket fee that the airline has imposed. According a CNN report yesterday: Spirit Airlines says a new federal regulation aimed ... Options Have Value, Even If DOT Doesn’t Get It
Divining a Regulator’s Intent
Regulated firms and their Washington lawyers study agency reports and public statements carefully to figure out the rules of the road; the clearer the rules, the easier it is for regulated firms to understand how the rules affect their businesses and to plan accordingly. So long as the regulator and the regulated firm are on ... Divining a Regulator’s Intent
Google files to sell additional 5.3 million shares
Taking advantage of the securities offering reforms that have been in effect since December 1, 2005, yesterday Google filed an automatic shelf registration statement on Form S-3 for the sale of an additional 5.3 million shares of its Class A Common Stock (click here). As the name implies, the registration statement went effective automatically upon ... Google files to sell additional 5.3 million shares
