Triangulating Law, Data & Ethics
Earlier this year, I shared misgivings of other commentators that Mary Schapiro’s tenure at FINRA rendered her too conflicted to Chair the SEC. Judge Rakoff’s scathing September 14 order in SEC v. Bank of America adds weight to the argument. Judge Rakoff rejected the SEC’s settlement, ordering the parties to prepare for trial on February […]
Timothy Geithner’s tax pecadillos should disqualify him for the nation’s top tax post. Secretary of the Treasury is too high an office for a brilliant lawyer who repeatedly and apparently knowingly underpaid his taxes by thousands of dollars. But to be fair, neither should Barack Obama be sworn in as President of the United States […]
Under ordinary circumstances, a fight between Citigroup and Wells Fargo over Wachovia would be a good thing, benefiting Wachovia’s shareholders by pitting two prospective buyers against each other in a bidding war. Hence this Sunday statement by Wachovia: “Wachovia believes its agreement with Wells Fargo is proper, valid and is in the best interest of […]
