The Deal
Sunday, November 22, 
1:43 pm

Entries tagged "Spitzer"

Why Congress may not want a new Ferdinand Pecora

In Tuesday's New York Times, the estimable Ron Chernow lobbies for Congress to find a new Ferdinand Pecora to investigate "the origins of the current crisis." In truth, Chernow, like Pecora in the '30s, appears less interested in that large and complicated subject and more in dragging Wall Street to the bar and tossing a midget in its lap. There is no doubt that the cigar-chomping Pecora did reveal a number of seamy practices on Wall Street, but what Pecora did not do (despite an illustration for Chernow's piece that effectively deifies him) was reveal the deeper origins of the...


Spitzer bad mouths Obama's financial team

Eliot Spitzer may not hold any political power, but he continues to pull no punches now that he's become a media commentator. Earlier this month Spitzer began his comeback when it was divulged he was joining The Washington Post's online magazine Slate. However, he's not only voicing his thoughts via WaPo publications, but to anyone who will listen to him. The most recent outlet is a Vanity Fair political blog, where he spouted off some candid thoughts on President-elect Barack Obama's financial team to Maureen Tkacik. ...


Politicians get sucked into Madoff case

Securities and Exchange Commission head Chris Cox isn't the only politician pulled into the Bernie Madoff scandal. The latest Beltway insider to get involved is Attorney General Michael Mukasey, who recused himself from the case, according to CNBC. ...


Sign of the Apocalypse: Blodget, Spitzer as colleagues?

Another sign the end times are near: Eliot Spitzer, the disgraced former New York governor, has joined the staff of The Washington Post's online news magazine Slate, which also happens to employ one of Spitzer's old targets from his attorney general days, deposed Merrill Lynch & Co. analyst Henry Blodget. One might think that circumstance would create for an awkward Christmas party, but surprisingly Blodget, writing on his Silicon Alley Insider blog, is looking forward to it. - Matthew Wurtzel See Spitzer's first column from Slate See Blodget's reaction to the news from Silicon Alley Insider ...


N.Y. governor excoriates NYRA deal, but will honor it

As Belmont Park prepares for the possibility of the first Triple Crown winner since 1978, New York Gov. David Paterson threw cold water on whatever goodwill the track's operator has engendered as it finally prepares to exit bankruptcy protection. ...



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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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Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



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