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Published November 20, 2009 at 12:00 PM
Harvey Miller of Weil, Gotshal & Manges LLP spoke to The Deal's Mary Kathleen Flynn at The Deal Economy 2010 conference about the use of resolution authority. Resolution authority is the proposal that would allow the government the power to unwind systemically important financial institutions and give them a framework for doing so. Even if the government had used resolution authority in the case of Lehman Brothers Holdings Inc., he said, it would not have made a difference. See the video below or
download it at iTunes. - Maria Woehr
Foros Group LLC tapped Goldman, Sachs & Co.'s Drew Ackert as a managing director in New York, advising technology and media clients. For other updates launch today's Movers & shakers slideshow.
"We're looking for people who we really believe in," says Ben Lerer, about the investment strategy at Lerer Ventures, emphasizing the importance of having the right business partners. More video