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Wednesday, November 25, 
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Entries tagged "Arthur Levitt"

Madoff advised the SEC, while duping it

Bernard Madoff kept his friends close and apparently securities regulators even closer. That may be one answer to why any suspicions about Madoff may have been damped.  ...


Who may lead the 'new' SEC

The Securities and Exchange Commission will be a key regulator as Washington continues to restructure itself in response to the expanding financial crisis. SEC Chairman Christopher Cox has called for a combination of the agency and the Commodities Futures Trading Commission, a key part of Treasury Secretary Henry Paulson's blueprint for regulatory reform. Whether the agencies do combine, it won't be under Cox's watch, as he'll be leaving after President-elect Barack Obama assumes the White House in January. So who might oversee such a change? ...


Levitt stays in the building

Clinton-era SEC Chairman Arthur Levitt Jr. is keeping himself quite busy as a Washington wise man....


Levitt, Greenspan and the limits of regulation

Our former regulators speak. In The Wall Street Journal Tuesday, former Securities and Exchange Commission chief Arthur Levitt weighs in on the ongoing crisis, particularly on what even Levitt seems to think is ill-timed and misbegotten actions by regulators, including the SEC, in response to the mess. And Monday in the Financial Times, former Federal Reserve Chairman Alan Greenspan unspooled his characteristically wandering prose to, well, argue the same point, though from a very different ideological location. ...



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REIT IPO deja vu

Real estate sponsors that might wish to undertake an IPO will need to consider a wide variety of issues and begin to take action long before the first filing with the SEC.


Industry Insight

Loan-to-buy

Paulson's proposal to purchase an equity stake in Yellow Pages publisher Idearc is the second time in recent months an investor group has used its prepetition debt position to execute a bargain price 'exit LBO.'


Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.



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