Early last month, in a heavily censored report, the U.S. Securities and Exchange Commission (SEC) publicly announced an award of roughly half a million dollars to [redacted], who reported original information about [redacted] that occurred at [redacted] over the course of [redacted].1 Needless to say, the entire case remains shrouded in mystery. Moreover, this announcement came just months…
Author: Eric Sternlieb
Amid Widespread Opposition and Regulatory Scrutiny, Comcast-Time Warner Cable Merger Lingers
Nearly a year after it was first agreed upon, a proposed merger of Comcast and Time Warner Cable (TWC) remains clouded with uncertainty. Like an overzealous bride and groom awaiting a conspicuously tardy priest at the alter, Comcast and TWC executives must receive the blessing of government officials in order to officially consummate the $45.2…
A Market of Milliseconds: Unraveling the Tangled Future of High-Frequency Trading
In an increasingly digital society, innovative technology that yields speed and efficiency can serve to spark industry-wide trends and influence future practice for years, even decades, thereafter. When Steve Jobs introduced the first iPod in 2001, for example, Apple earned worldwide acclaim and provoked an incredible proliferation of similar devices.1 What, then, can be made…
Despite Outstanding Growth Prospects, Alibaba’s IPO Fraught with Risk
Although few retail investors in the United States have even heard of Chinese e-commerce behemoth Alibaba, anticipation on Wall Street this week for the company’s forthcoming I.P.O. is palpable.1 Touted by many as a uniquely positioned hybrid of eBay, Amazon, and Google, the company announced its plans earlier this year to go public in New…