The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
from Reuters News Now:
Progressive firebrand Elizabeth Warren is open to being Hillary Clinton's running mate in the presidential election, if invited, notwithstanding several considerable obstacles. She's concerned that two women on a presidential ticket would hurt Democrats' chances against their Republican nemesis Donald Trump. Warren also thinks she may have a stronger voice in her current job as a U.S. senator than as vice president or in any other cabinet position.
from Alison Frankel:
(Reuters) - It happens all the time in securities class actions: Plaintiffs' lawyers and fraud defendants agree to settlements based on the size of the company's insurance policy for directors and officers. If a company carries, say, a $50 million D&O insurance policy, the class is better off settling for $50 million than allowing the insurance money to be paid out to defense lawyers - especially if the company claims it's on the brink of bankruptcy.