Law, Strategy, and Risk in Commercial Disputes
Warren Buffett once called credit default swaps "financial weapons of mass destruction" — and later bought a mess of them.
Why would the Oracle of Omaha turn such a seeming hypocrite?
He didn't. Not really. When he got CDSs, he did it to protect himself against possible losses on actual investments he'd made. A CDS, you…
The Antitrust Division of the U.S. Department of Justice and the U.S. Federal Trade Commission issued new merger guidelines today.
If we can take the things that antitrust enforcers have said about the guidelines and enforcement generally in the last year or so as any guide, the update will make passing pre-merger muster harder to achieve.…