A Houdini Rally

A hat tip to the Immobilienblasen blog for the cartoon and observations: “So this remains the Houdini rally — no jobs; no pricing power; no broad participation; and no volume.”

De-Leveraged Buyouts

‘The Fall of Icarus’ by artist Marc Chagall Two reports about strategic M&A and private equity were released recently.   Paul Weiss, a well-known corporate law firm, prepared a concise survey …

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Hedge Your Hedge Say it ain’t so.  How many more obscure, undercapitalized financial institutions are lurking in the midst?  According to a New York Times investigative article, and summarized here, Customer Asset …

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