Millionaires clash over socialite’s child support claims. | Businesses take a wary approach to disclosures using social media. | Market delay in Chicago points again to technology. | Down payment rules are at heart of mortgage debate. | Hazy future for S.E.C.’s thriving whistle-blower effort. | Regulators to restrict payday lending. | Fed still owes Congress a blueprint on its emergency lending. | Co-directors for S.E.C. signal shift. | And Andrew Ross Sorkin says that in a tax fight, Amazon handed the baton to eBay.
A look back on our reporting of the past week’s highs and lows in finance.
Billionaire Investor Soros Buys a 7.9% Stake in J.C. Penney | The stake is passive, meaning George Soros will not try to exert influence on the embattled retailer. DealBook »
Deal Professor: A Flawed Bidding Process Leaves Dell at a Loss | Steven M. Davidoff says that the use of the go-shop process left shareholders with a hollow choice after the Blackstone Group withdrew from bidding. DealBook »
Businesses Take a Wary Approach To Disclosures Using Social Media | About a dozen companies are taking advantage of the S.E.C.’s new rules that allow the use of social media to disclose financial information, though others are still skeptical. DealBook »
Market Delay in Chicago Points Again to Technology | The incident at the Chicago Board Options Exchange was the latest to highlight the vulnerability of markets to technology. DealBook »
Barclays and Credit Suisse Post Healthy Earnings in Investment Banking | A strong performance comes despite a push by European politicians to limit firms’ exposure to financial risks and to promote lending to local economies. DealBook »
Boutique Vintners Turn to Private Equity for Help | Bacchus Capital Management, co-founded by Sam Bronfman II, is providing financing and expertise to small winemakers. DealBook »
Millionaires Clash Over Socialite’s Child Support Claims | A Wall Street financier claims that his former lover’s current partner aided her in hiding her true wealth before a Hong Kong court proceeding. DealBook »
New York Seeks to Press Trial of A.I.G.’s Ex-Chief | The office of the attorney general said it would drop claims of cash damages to help expedite a trial that would put the former chief of A.I.G. on the stand. DealBook »
Down Payment Rules Are at Heart of Mortgage Debate | Many lawmakers, lenders and consumer advocates are now cautioning against rules that would require many borrowers to make large down payments. DealBook »
Capital One Settles Accusations It Understated Loan Losses | Federal regulators accused the bank and two of its executives of understating millions of dollars in auto loan losses suffered during the financial crisis. DealBook »
Hazy Future for S.E.C.’s Thriving Whistle-Blower Effort | The whistle-blower office is at a crossroads as some Wall Street firms make it legally difficult for employees to talk to it and lawyers criticize it for slow responses. DealBook »
Regulators to Restrict Payday Lending | Federal authorities are expected to set tighter rules on banks offering high-cost, short-term loans that can mire borrowers in debt. DealBook »
MF Global Trustee Sues Firm’s 3 Top Executives | A bankruptcy trustee has sued Jon S. Corzine and other former MF Global executives, claiming they were “grossly negligent†in the lead-up to the brokerage firm’s collapse. DealBook »
Co-Directors for S.E.C. Signal Shift | Mary Jo White, the new chairwoman of the agency, is putting together her team, including one of her longtime lieutenants. DealBook »
Fed Still Owes Congress a Blueprint on Its Emergency Lending | Dodd-Frank, passed in 2010, required the Fed to develop policies and procedures to safeguard taxpayers when making emergency loans “as soon as is practicable.†DealBook »
DealBook Column: In Tax Fight, Amazon Hands Baton to eBay | Andrew Ross Sorkin says that eBay has taken up the fight against forcing Internet retailers to collect state sales tax wherever they ship, just as the issue is moving through Washington in earnest. DealBook »
S.&P. Seeks Dismissal of U.S. Civil Suit Over Rating of Mortgage Debt | Standard & Poor’s says the government is overreaching in its prosecution. DealBook »
Ralph Lauren Corp. Agrees to Pay Fine in Bribery Case | Federal officials praised the clothing retailer for its assistance in the investigation, which was begun after the company discovered the misconduct of a subsidiary in Argentina and reported it. DealBook »
New Leader Expected for S.E.C. Enforcement Unit | Mary Jo White, the new chairwoman of the agency, is putting together her team, including one of her longtime lieutenants. DealBook »
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Wrong’s What I Do Best | R.I.P. George Jones. Your fans always admired you even if your wives didn’t. YouTube »
