Chief Justice John Roberts Bipartisan Challenge

The Democratic party is missing a tremendous chance to change the tone in Washington by not praising Justice Roberts’ bold bipartisan move to support the President’s health care legislation. The Chief Justice put aside the “no prisoners” approach of the Republican party from which he was nominated and grew up in. Judges are to be non-partisan but we also acknowledge the reality...

“Pension Reform a Red, White and Blue Issue” says Fichera on Varney & Co.

“But everybody is doing it.” Denver Board of Education and Synthetic Fixed Rate Swaps

As I noted in Friday’s (8/6/10) front page NY Times article attached, the Denver Board of Education was another issuer of a complex derivative deal who took on risks and wasn’t prepared for a downturn. Can risks be better known and managed? One help would be if the advisors weren’t also on the other side of the transaction. But equally important to remember is that, in the long...

Bloomberg Washington Summit: Reform corporate governance and the way governments access the capital markets

On Thursday November 12, Bloomberg LP is hosting a “Washington Summit.” http://www.bloombergwashington.com/gatherings_participants.php?gathering=4 I have been asked to speak on the neglected crisis in corporate governance and public sector finance.