Entries tagged "Perella"
As the Dow hastens a retreat below 8,000, and credit markets remain mostly frozen, a pall is setting in over the media's tone and outlook on our economic climate. Coupled with the week's other news (Capitol Hill hearings and the latest consumer price index figures, to name a few), the Depression babble that was chic in the weeks before the election is starting again to drown out the post-election coverage of President-elect Barack Obama's plans for the future. It certainly doesn't help that the chiefs of the Big Three carmakers have spent the last two days looking for rescue funds...
We found ourselves in a meditative mood Friday afternoon in New Orleans, a state of mind no doubt fueled by a lunch of lemonfish washed down with a nice Chardonnay at Restaurant August. One of the things we meditated on was Marty Lipton's comment at the Tulane Corporate Law Institute Friday morning that U.S. shareholder democracy will have a hard time competing with the state corporatism of Russia, China and other emerging economies. ...
Deal professionals considered crises past and present Friday morning at the Tulane Corporate Law Institute in New Orleans. At a panel marking the conference's 20th anniversary, Martin Lipton and Joe Perella offered a history of the last generation of dealmaking, one punctured every decade or so by meltdowns in one M&A-related market or other....
