The Froth Is Back

Today's WSJ reports that professional stock analysts employed by brokerage firms are up to their old sunny ways. These "sell-side" analysts came under fire in 2002 for rendering falsely optimistic…

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…

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…

What I Did on My Blog Vacation

So I’ve been a little absent from the blog lately. Sorry about that. I have a decent excuse. As our law prof readers know, but others might not, this is…