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Please Don’t Regulate Zillowtalk

Several months ago, Geoff posted about Zillow.com, a website purporting to provide “Free, Instant Valuations and Data for 67,000,000+ Homes (…and you don’t have to enter any personal info and no one will contact you).” Several of us played around on Zillow a bit and concluded that it’s not all that accurate at estimating home ... Please Don’t Regulate Zillowtalk

The Grasso Case and Board Reverberations

The Law Blog asks “Will the Grasso Ruling Reverberate in Corporate Boardrooms?†The post includes the following quotes from some “executive pay gurus†via Business Week: • H. Rodgin Cohen, Sullivan & Cromwell: “The precedent-setting issue here: a CEO’s duty to inform the board fully about his or her pay and the board’s duty to ... The Grasso Case and Board Reverberations

Post-CELS Thoughts

I had a wonderful time at the First Annual Conference on Empirical Legal Studies. I presented this paper on the consumer welfare effects of shelf space contracts and commented on Keith Hylton and Fei Deng’s comprehensive empirical analysis of relationship between the scope of competition law (102 different countries) and the intensity of product market ... Post-CELS Thoughts

I told you they’re not PIPE bombs.

Following up on this post, the October issue of Institutional Investor has an article entitled Pipe dreaming (no link available). The article acknowledges the bad reputation of PIPE deals (a reputation enforced by recent articles in the W$J (see here) and NYT (see here)) and then notes: Pipes are becoming a reliable capital-raising tool for ... I told you they’re not PIPE bombs.

Hey- That’s Robert Monks!!!

I needed a catchy title, to compete with Mann’s title below.  I could find no way to work “crack whore” into my title, however.  But I figured mentioning Robert Monks – shareholder activist qua shareholder primacy radical – would have a small bit of the same impact.  (Mind you, Robert Monks is a very very ... Hey- That’s Robert Monks!!!

Isn't Competition Grand?: Wal-Mart, Drugs, and Antitrust

Fred Tung highlights Wal-Mart’s new strategy of selling a month’s supply of 300 different generics for $4, noting that Target will match Wal-Mart’s prices but Walgreens and CVS will not. Isn’t competition grand? Well, not everyone is convinced that low prices for consumers is a good thing. Unsurprisingly, for instance, this strategy has not gone ... Isn't Competition Grand?: Wal-Mart, Drugs, and Antitrust

SSRN Top Tens for Corporate, Corporate Governance, and Securities Law

The current SSRN top tens for corporate, corporate governance, and securities law are after the jump.

Skilling is not a crack whore, it seems to me

In a post over at Co-op, Dave Hoffman wonders why so many in the blogoshpere are publicly outraged by Jeff Skilling’s 24-year sentence, but not, seemingly, by similar-length sentences for drug crimes.  Larry and Christine Hurt (hers is the fifth comment down on Dave’s post) deftly handle the response. As I noted a while back: there ... Skilling is not a crack whore, it seems to me

Familiar Rantings at the Washington Post

In January, Washington, D.C. will join the nearly 500 cities nationwide that have thwarted the free market’s accommodation of heterogeneous preferences and have ordered private property owners to forbid their invitees from engaging in otherwise legal behavior. I am speaking, of course, of Washington’s forthcoming smoking ban. The Washington Post was gracious enough to permit ... Familiar Rantings at the Washington Post

Legal Status of the SEC’s Manual of Publicly Available Telephone Interpretations

Since 1997, the SEC’s Manual of Publicly Available Telephone Interpretations has been available online (see here). It is also searchable on Westlaw (see the FSEC-MISC database). The manual contains a bevy of interpretations of various SEC regulations. As to legal status of these interpretations, the manual states as follows: The responses discussed in this manual ... Legal Status of the SEC’s Manual of Publicly Available Telephone Interpretations

Wal-Mart: Alleviating Poverty Abroad, Lowering Prices at Home

Those of us who defend the right to outsource are frequently criticized for lacking compassion and for being concerned only with the bottom line. I’ll admit that profitability concerns generally motivate decisions to outsource (and most other business decisions), but I won’t concede that outsourcing imposes a net harm on the economically disadvantaged. If we’re ... Wal-Mart: Alleviating Poverty Abroad, Lowering Prices at Home

Bainbridge Rebrands

Prof. Bainbridge has announced that it is time to shift from a general interest, punditry-style blog to a more narrow focus on issues of business law and economics: I plan to be more active over at Mirror of Justice, where I’ll blog about Catholic issues. And I may look around for a group blog to ... Bainbridge Rebrands