dealbook.blogs.nytimes.com - 10/9/2009
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DealBook Dialogue: David A. Skeel, the S. Samuel Arsht professor of corporate law at the University of Pennsylvania School of Law, examines what he says is the myth about Lehman Brothers role in the financial crisis.
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In Praise of Chaotic Measures
Conglomerate —
... — call some of our cherished notions
of stability and organization into account. Unmeasured desperation may
have saved us from financial calamity. So what remains of the case for
measured action, public participation in important decisions and
judicial review? If you haven't been reading it, the roundtable has been pretty amazing so far. Soon, Lucian Bebchuk will be weighing in. The recent professorial contributions have included interesting ones by Lynn Stout, David Skeel, and Steven Davidoff. And those are just the academics - the practitioners ...
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