April 4, 2006
Live from Pyongyang!
In today’s NYT, columnist John Tierney sends CNN’s Lou Dobbs to North Korea to experience first-hand the sort of self-sufficient (isolationist?) utopia Dobbs and his jingoist fans long for. Perhaps…
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April 3, 2006
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…
March 31, 2006
MSM, Blogs, and George Mason's "Other" Big News
It has been a fine month for George Mason University. The Final Four appearance has attracted a good deal of media attention and general buzz. This week, I received a…
March 29, 2006
DOJ Approves Whirlpool/Maytag Merger
The DOJ will not challenge Whirlpool’s (much-blogged-about) proposed acquisition of Maytag (HT: WSJ Law Blog). This Reuters blurb suggests that antitrust experts believe the decision “is a key test of…
March 28, 2006
Zaring on the ABA Consent Decree
David Zaring, guest blogging at Concurring Opinions, has some thoughts on the sunsetting of the ABA’s consent decree this June. David asked for my thoughts on what this will mean…
March 27, 2006
"Go-Shop" Provisions in Acquisition Agreements
A standard provision of an acquisition agreement is a “no-shop/no-talk.â€? Under this provision, the target company contractually agrees with the buyer not to solicit or talk to other buyers, even…
March 26, 2006
GMU Makes the Final Four!
What a game! George Mason beat UCONN 86-84 in overtime and is heading to the Final Four after eliminating Michigan State, North Carolina, Wichita State, and now, UCONN. Congratulations to…
March 24, 2006
Nacchio’s Puzzling Insider Trading Defense, Part II
I’m really starting to worry about the lawyers for former Qwest CEO, Joseph Nacchio. (I first expressed concern here.) Mr. Nacchio has been charged with 42 counts of criminal insider…
March 23, 2006
Sen. Lugar’s New Grip on Reality
In a recent speech at the Brookings Institution, Senator Richard Lugar (R-IN) bashed what he called “a laissez-faire energy policy that relies on market evolution.” Under such a policy, he…