What Bank Regulation Tells Us About Corporate Governance

An excellent new draft paper by Robert Hockett¬†and Saule T. Omarova has some important insights and context for corporate governance. ¬†Like ontogeny recapitulating phylogeny or like the impressions left by the tiny veins of a leaf thousands of years ago, the vestigial evidence of the earliest stages of development provide important information about the history…

Who Benefits from M&A Activity? Not a Tough Question

From Alan Murray’s daily CEO newsletter: In yesterday’s post, I suggested the current excess of splitting and merging was driven by investors seeking returns in a zero interest rate world. Several readers quickly pointed out it’s also being driven by banks seeking business. Fortune’s Stephen Gandel reported yesterday banks brought in $19.5 billion on U.S….