The Great Debate

Shorting the SEC’s case against Goldman Sachs

April 23, 2010

CharlesWhitehead — Charles K. Whitehead is an Associate Professor of Law at Cornell Law School.  He practiced in the United States, Europe, and Asia as outside counsel and general counsel of several multinational financial institutions, including as an associate in a law firm representing Goldman, Sachs & Co.  The opinions expressed are his own —

Embrace reality, not fight speculation

March 2, 2010

Stock up on canned goods, the authorities appear to be opening a new front in the War Against Speculation; this time taking aim at the people who might profit from Greece and its European partners’ woes.

Investor confidence not too helpful

February 25, 2010

Once again someone in charge — Mary Schapiro of the U.S. Securities and Exchange Commission this time —  is going on about how they are making changes in order to “preserve investor confidence.”

from Rolfe Winkler:

Rakoff throws down the gauntlet

September 14, 2009

Judge Rakoff has rejected the settlement deal between the SEC and Bank of America. He clearly wasn't happy with it to begin with, and subsequent briefs from the two parties did nothing to allay his concerns. At the end of the day, he hated the idea that B of A shareholders, on whose behalf the SEC actually brought the case, would end up paying the fine for executives' wrongdoing.

from Commentaries:

Obama loves hedge funds

June 17, 2009

Matthew GoldsteinThe big winner in the Obama administration's financial regulatory reform package is the beaten-up hedge fund industry.

First 100 Days: Prioritize and take a hands-on approach

January 20, 2009

ram-charan-photo— Ram Charan is the author several book, including “Leadership in the Era of Economic Uncertainty: The New Rules for Getting the Right Things Done in Difficult Times.” A noted expert on business strategy, Charan has coached CEOs and helped companies like GE, Bank of America, Verizon, KLM, and Thomson shape and implement their strategic direction. The opinions expressed are his own. —

Why did the SEC fail to spot the Madoff case?

January 6, 2009

mark_williams— Mark T. Williams, a finance professor at the Boston University School of Management, is a risk-management expert and former Federal Reserve Bank examiner. The views expressed are his own. —