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Articles about the work of Jonathan Weil

Summers Successors
futureofcapitalism.com

Bloomberg's Jonathan Weil has a column noting that Richard Parsons and Anne Mulcahy, whose names have been floated as possible successors to Lawrence Summers as chairman of President Obama's National Economic Council, both served as directors of both Citigroup and Fannie Mae. He writes, "It seems Obama is seeking someone who also has served on the board of directors of at least one company that either had a massive accounting scandal, blew up so spectacularly that it threatened to take down the global financial system, or both."

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The SEC and GE
futureofcapitalism.com

Bloomberg News's Jonathan Weil has a column taking a look at the SEC's case against General Electric:

It makes no sense that GE could have defrauded its shareholders unless some living, breathing people committed the same violations. So either the wrongdoers got off scot free, or the SEC shouldn't have brought the case it did against the company.

This isn't enforcement. It's a charade.

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Summers Successors
futureofcapitalism.com

Bloomberg's Jonathan Weil has a column noting that Richard Parsons and Anne Mulcahy, whose names have been floated as possible successors to Lawrence Summers as chairman of President Obama's National Economic Council, both served as directors of both Citigroup and Fannie Mae. He writes, "It seems Obama is seeking someone who also has served on the board of directors of at least one company that either had a massive accounting scandal, blew up so spectacularly that it threatened to take down the global financial system, or both."

Read More...


The SEC and GE
futureofcapitalism.com

Bloomberg News's Jonathan Weil has a column taking a look at the SEC's case against General Electric:

It makes no sense that GE could have defrauded its shareholders unless some living, breathing people committed the same violations. So either the wrongdoers got off scot free, or the SEC shouldn't have brought the case it did against the company.

This isn't enforcement. It's a charade.

Read More...


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Jonathan Weil

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