Friday, March 6, 2015

The Morning Ledger: Why CFOs Should Look Past Numbers to Evaluate a Deal - btbirkett@gmail.com - Gmail

The Morning Ledger: Why CFOs Should Look Past Numbers to Evaluate a Deal - btbirkett@gmail.com - Gmail



Takeovers see U.S. losing tax revenue. Just months after the Obama administration cracked down on mergers that helped U.S. companies skirt domestic taxes, a wave of foreign takeovers is steering more tax revenue away from Uncle Sam. New Treasury rules that make “tax inversion” deals less appealing don’t apply to foreign firms. “If you make inversions more difficult, more U.S. companies may simply be acquired,” said Robert Scarborough, a partner at law firm Freshfields Bruckhaus Deringer LLP.

Monday, February 9, 2015

The Morning Ledger: Dollar Surge May Impact U.S. Bank Capital Requirements - btbirkett@gmail.com - Gmail

The Morning Ledger: Dollar Surge May Impact U.S. Bank Capital Requirements - btbirkett@gmail.com - Gmail



Lending Club, small U.S. banks plan new consumer-loan program. A group of small banks is teaming up with Lending Club Corp. in a joint effort to wrest a larger share of the consumer-loan market from the biggest U.S. banks. Members of BancAlliance, a consortium of about 200 community banks, will start using Lending Club to build new portfolios of consumer loans.

Monday, February 2, 2015

Europe Should Call Greece's Bluff - Bloomberg View

Europe Should Call Greece's Bluff - Bloomberg View



It is true Greek gross domestic product has fallen by 25 percent since 2009 -- an almost unprecedented reduction for a developed economy. But GDP remains close to twice the level it was when Greece adopted the euro in 2002. Real wages may have fallen over 20 percent since the crisis -- but they, too, are still above 2001 levels.