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Credit Suisse and the Failure of Complex Systems
A few weeks ago, the investigation Credit Suisse commissioned Paul Weiss to undertake into how the bank’s relationship with Archegos Capital Management went so wrong–inflicting $5.5 billion of losses on Credit Suisse and a total of $10-billion in losses... read more +Credit Suisse and the Failure of Complex Systems
A few weeks ago, the investigation Credit Suisse commissioned Paul Weiss to undertake into how the bank's relationship with Archegos Capital Management went so wrong--inflicting $5.5 billion of losses on Credit Suisse and a total of $10-billion in losses across the...
LawLand’s Newspeak, or, Our Perversion of English
Pop quiz: What language has no words for "democracy," "science," or "religion?" While you're mulling that one over, with apologies to one of the great English language rhetoricians and bromide-busters of the 20th Century, George Orwell (1903--1950), we have often...
Summer Reading List
This column is becoming something of a tradition, and traditions must be maintained. On my desk, and thereabouts, these days: Doom: The Politics of Catastrophe, Niall Ferguson Why bureaucratic and complex systems, which seem to promise reliability and predictability,...
Question of the Month: Your “Back to the Office” Policy?
It's been awhile since we've offered you all up a "Question of the Month," but we never promised our readers consistency. We hope you have come to appreciate variety, however, so in that spirit, you know what to do:
“Golden handcuffs: dealmaking lawyers weigh up their own Faustian bargains:” Andrew Hill, the Financial Times
In today's FT, Andrew Hill, their gifted and prolific management essayist, published a column of that name (link works only for FT subscribers) discussing the unheard-of pressures on corporate deal lawyers--partners and associates alike--given the superheated private...
