Lucian Bebchuk

  • There will come a time in the future when most Americans have never seen this picture. Isn’t that upsetting? Let's do our part to keep its memory alive.


    Soon There Will Be Red Mutual Funds And Blue Mutual Funds

    One problem that a lot of people have noticed is that Americans do not spend enough time talking about politics. Yes, you can devote several hours a day to watching political news and forwarding political emails and signing secession petitions, but certain areas of life are not utterly infused with political rancor. Buying stocks is […]

    / Nov 14, 2012 at 5:46 PM
  • Vikram Pandit is somewhat puzzled at what he's doing in this post.


    Good Corporate Governance Apparently Does Some Good

    We talked a while back about how “corporate governance” is a thing that exists more or less orthogonal to the thing that is “running your corporation as though you were a group of competent humans,” as evidenced by the fact that Citi’s mangled and perhaps legally problematic semi-firing of Vikram Pandit has been celebrated as […]

    / Oct 24, 2012 at 7:33 PM
  • He's personally affronted


    SEC Wants Activist Hedge Funds To Share With The Rest Of The Class

    Financial markets are basically about information asymmetries, real and imagined, and financial regulation is largely about limiting those asymmetries to socially acceptable kinds and quantities. A general rule for trading success – perhaps the only useful rule for trading success – is: if you know something that nobody else knows and that will increase the […]

    / Aug 15, 2012 at 6:15 PM

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