Sullivan & Cromwell LLP partner H. Rodgin Cohen explains why he's concerned about a strict Volcker Rule. "I fear that if the Volcker Rule's implementation adversely affects the markets, it will be too late by the time they liberalize it." Cohen goes on to explain that he's worried about the possibility that "markets start to go into disarray or move out of the United States" if the rule is applied too narrowly. For more from Cohen, watch "H. Rodgin Cohen: Greece 'not a problem' for United States."-Katie Roof
Former Commodity Futures Trading Commission Commissioner Bart Chilton brings his saucy eloquence to DLA Piper as a senior adviser in Washington. For other updates launch today's Movers & shakers slideshow.
The activist investor and the famed auction house are headed for a courtroom showdown. Loeb wants three board seats and the ability to fire Sotheby's CEO William Ruprecht. The company responded with a $300 million dividend for shareholders and a poison pill aimed squarely at Loeb. More video