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Two NYT columns offered some pushback to Democratic talking points. Andrew Ross Sorkin took aim at the deep belief that the repeal of Glass-Steagall was somehow key to the financial crisis. And David Brooks offered a different interpretation of the historical facts that led to the rise of the LBO as a staple of American capitalism. Continue reading
Posted on May 22, 2012 12:07 PM
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Ken deRegt will retire as head of fixed income at Morgan Stanley and be replaced by Michael Heaney and Robert Rooney. For other updates launch today's Movers & shakers slideshow.
Apax Partners offers $1.1 billion for Rue21, the same teenage fashion chain it took public in 2009. More video
