Category: Current Events

Coronavirus is also a threat to democratic constitutions

Coronavirus is also a threat to democratic constitutions

Coronavirus is also a threat to democratic constitutions – Not mentioned in this article is the power conferred on the state via financial bailouts. Governments around the world now control more and more of the financial machinery. Will this asphixiate the state or empower the state? https://giftarticle.ft.com/giftarticle/actions/redeem/59c2b45d-8239-4d3c-8af3-add70469b2c5 via @FT

Beware the private equity echo chamber

Beware the private equity echo chamber

This article raises 3 key issues related to private equity – 1) when there is a failed IPO do the PEs mark down the private valuation on the assumption that failed IPO implies that private value is too high?, 2) what is the process to ensure private sales and/or swaps are properly valued and arm’s …

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