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Hewlett Packard, if you can’t say anything nice (or true). . . .
Fox news reports today that the shareholder lawsuit regarding what can best be referred to as “the Hewlett Packard Fiasco†was amended yesterday to include claims of insider trading. It seems that at least eight HP executives, including incumbent CEO Mark Hurd, are alleged to have traded in HP securities in the two weeks prior ... Hewlett Packard, if you can’t say anything nice (or true). . . .
Obama on Wal-Mart
Steve Levitt is impressed with Barack Obama’s book The Audacity of Hope, and notes that though he does not agree with all of his political views, Obama may very well be a future president. I don’t know much about Obama,and haven’t read his book, but I was disappointed to see him jump aboard the Wal-Mart ... Obama on Wal-Mart
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.
SCOTUS Oral Argument Transcripts
Are available from Twombly and Weyerhauser. HT: Antitrust Review. UPDATE: Randy Picker reads the Twombly tea leaves and the court’s analogy to Form 9.
Bainbridge is Back
The Business Associations’ Blog is here.
Crane's Section 2 Hearings Testimony on Loyalty Discounts
Dan Crane (Antitrust Review, Cardozo) has graciously posted his testimony for Wednesday’s FTC/ DOJ Section 2 Hearings on Loyalty Discounts. Readers familiar with Crane’s scholarship on bundled discounts in the Chicago Law Review and Emory Law Journal will not be surprised that it is thorough, careful, mindful of the role that administrative costs should play ... Crane's Section 2 Hearings Testimony on Loyalty Discounts
Blogger Non-Competes?
Per the “Out of the Jungle” blog: Maybe it just goes to illustrate what a babe in the woods I am, or maybe it’s that the stuff I blog is not worth much… But evidently, bloggers on the Paul Caron blog empire are requested to sign a non-compete clause, promising that they will not blog ... Blogger Non-Competes?
Milton Friedman, RIP
As most readers will know by now, Nobel Laureate Milton Friedman passed away earlier this morning. The WSJ tribute is worth reading for those unfamiliar with Friedman’s many contributions to economics and policy. Nobel Laureate Paul Samuelson’s comment is the closest I have seen to capturing the magnitude of Friedman’s influence: “No one in the ... Milton Friedman, RIP
Carlton & Picker on Antitrust and Regulation
Dennis Carlton and Randy Picker have posted Antitrust and Regulation on SSRN. It looks like a very interesting paper on the relationship between antitrust and regulation to control competition. Here’s the abstract: More than a century ago, the federal government started controlling competition, first railroads through the Interstate Commerce Act and then the general economy ... Carlton & Picker on Antitrust and Regulation
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.
WaPo on stock options
WaPo provided its two cents on option backdating in an editorial appearing yesterday (see here). Its solution is to rein in the use of stock options, perhaps through regulation, and instead go with restricted stock. The reason: “options are opaque” and therefore “invite abuse.” Well that’s certainly a convincing argument for stripping corporations of a ... WaPo on stock options
Predicting a Few Champions Just for Fun …
Tyler picks the San Antonio Spurs to win the NBA title this year. No time like the present to get on the record with a few of my own. 1. NFL: Bears v. Chargers in the Superbowl. I’m going to go out on a limb (and against Tradesports) and pick San Diego over the Colts ... Predicting a Few Champions Just for Fun …
