Euro Dogma or Greek Drachma?

The nation of Greece is bankrupt. Let’s just say it plainly and simply. Let’s not use “poli-speak” words aimed at soothing the sting or trying to maintain someone’s self-esteem such as; “insolvent”, or “challenged”, or “bust”. And let’s be even more plain, any manner of restructuring of debt, other than “arm’s length” transaction, is the…

Private Equity: A Brave New World

I have been involved with the Mergers and Acquisitions marketplace for several years. I have seen my fair share of the good, the bad, and the ugly when it comes to the orientations, motivations, and activities of the various Private Equity firms (as well as someHedge Funds) to whom I have been exposed and with whom I have worked.…

Too Big to Fail?

When does a company become too big to fail and by what standards?  How can the casual passer-by – not to mention the learn’d industry or government analyst – tell when a company poses too great a risk?Can a government or global / regional economy become too big to fail?If so, then what? In the United…