Friday, February 6, 2009

Rashomon Blog Roundup #1: I (heart) Banks!

Am I the only one who wishes to never again hear the name Madoff? It is well and truly clear that the SEC's screwup was epic and few begrudge Harry Markopolos his I-told-you-so moment, but please, let's think about what comes next. For them that agrees with me, I offer a roundup of Madoff-free blog posts:

On the Harvard Corporate Governance Blog, Lucien Bebchuk offers analysis of the Tresury's new executive compensation rules.

From John Carney, via Clusterstock, a cow-based explanation of AIG's collapse.

DealLawyers offers John Jenkins' discussion of Pfizer's huge reverse break-up fee (Pfizer/Wyeth merger agreement is attached to a Wyeth 8-K filed 1/29/09)

The Business Law Prof. analyzes the many questions raised by a Wall Street Journal article about the Bank of America / Merrill Lynch merger.

Race to the Bottom offers a great dissection of the executive compensation bits of HR 7321, the Auto Industry Financing and Restructuring Act.

Reuters DealZone has a post about how TARP banks are using tapayer money to take out newspaper ads in hopes of making themselves more loveable. Its working on me.

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