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Trump Has Turned The Government Against The Middle Class

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Markets are shaped by choices. Not just the choices of sellers and buyers, but the choices of political leaders too, who shape the rules that govern how markets operate. Markets only work if government sets the rules of the road, establishing property rights, providing consumer-safety protections, protecting workers, and much …

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CBS-Viacom Merger Will Deliver a Big Payday for Boutique Banks

cbs viacom merger

CBS Corp. and Viacom Inc. primarily relied on boutique investment banks to help put together their long-awaited $11.7 billion merger. Centerview Partners Holdings and Lazard Ltd. are advising CBS. Viacom’s bankers are LionTree Advisors LLC and Morgan Stanley while National Amusements Inc. — the controlling shareholder of both companies — is being advised by Evercore Inc., according to the deal announcement. [Full article @ Bloomberg.com]

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Hong Kong’s Next Crisis May Be Economic as Protest Fallout Grows


 Anti-government demonstrators shut down the airport on Monday City’s reputation as a premier financial hub is at risk Hong Kong’s deepening political crisis now risks becoming an economic one. After protesters brought the city’s airport to a standstill on Monday, investors and business leaders are growing increasingly alarmed by the fallout from 10 weeks of …

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