"He knew more about finance than anyone at that time," says New York University business professor Richard Sylla about Alexander Hamilton, the first secretary of the U.S. Treasury. A leading Hamilton scholar, Sylla is chairman of the Museum of American Finance, where he was involved in the curation of the current Hamilton exhibit and where The Deal Pipeline's video interview was shot. Sylla credits Hamilton with transforming the country's finances, which were essentially bankrupt in the 1780s, into a modern financial system complete with a solid currency, a central bank and a healthy securities market. Sylla also outlines how Hamilton would have reviewed today's banking industry. For more of our special video tour of the museum, watch "From the Great Crash to Madoff, the MoAF has it." - Mary Kathleen Flynn
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