at CNBC: Why banks should not sell some structured financial products to retail investors

Link: http://www.cnbc.com/2016/06/22/investors-could-lose-billions-on-mind-numbingly-complex-deal.html

——————–

In a CNBC story about the sale of complex, volatility-based structured
products to individual investors:

“Some products are inappropriate for 99 percent of retail investors, even
with full disclosure of their risks,” said Erik Gordon, clinical assistant
professor at the University of Michigan’s Ross School of Business.

“Some risks are difficult to disclose in a way that puts retail investors
in a position to make informed decisions,” he said. “Houses that reach for
commissions or that move their inventory by selling inappropriate products
to retail investors should expect to end up in front of the SEC and a
judge.”
CNBC:

http://www.cnbc.com/2016/06/22/investors-could-lose-billions-on-mind-numbingly-complex-deal.html

Yahoo Finance:

http://finance.yahoo.com/news/investors-could-lose-billions-mind-175408132.html

—
_____________________
Erik Gordon
Ross School of Business
University of Michigan
Ann Arbor, Michigan

Bloomberg BusinessWeek, on hedge fund Visium closing

Link: http://www.bloomberg.com/news/articles/2016-06-17/visium-to-wind-down-four-remaining-funds-after-employee-charged

——————–

The fund is selling off its assets in the face of investor redemptions
after the government charged fund executives.

Bloomberg BusinessWeek:
http://www.bloomberg.com/news/articles/2016-06-17/visium-to-wind-down-four-remaining-funds-after-employee-charged

in The Washington Post:
http://washpost.bloomberg.com/Story?docId=1376-O8W0OW6KLVRI01-2EEIKIOJ76II0C0HD1PBBGHFDT
—
_____________________
Erik Gordon
Ross School of Business
University of Michigan
Ann Arbor, Michigan

Uber’s $2bn leveraged loan, in the Los Angeles Times

Link: http://www.latimes.com/business/technology/la-fi-tn-uber-loan-20160614-snap-story.html

——————–

Why Uber is raising more cash, after bringing in $3.5bn from the Saudi
sovereign fund, and why it is raising it in the form of debt:

http://www.latimes.com/business/technology/la-fi-tn-uber-loan-20160614-snap-story.html
_____________________
Erik Gordon
Ross School of Business
University of Michigan
Ann Arbor, Michigan

This morning, on NPR: will Verizon buy Yahoo’s web assets?

Link: http://cms.marketplace.org/2016/06/07/economy/mid-day-update/mid-day-update

——————–

on NPR this morning, in Marketplace Mid-Day Report, about Yahoo and the
possibility that Verizon will buy Yahoo’s web assets, and why:

http://cms.marketplace.org/2016/06/07/economy/mid-day-update/mid-day-update
—
_____________________
Erik Gordon
Ross School of Business
University of Michigan
Ann Arbor, Michigan

on corporate governance at troubled Lending Club, after it adjourned its annual shareholder

Link: http://www.bloomberg.com/news/articles/2016-06-07/lendingclub-delays-meeting-says-can-t-provide-complete-report

——————–

meeting just as the meeting started.

in Bloomberg Businessweek:
http://www.bloomberg.com/news/articles/2016-06-07/lendingclub-delays-meeting-says-can-t-provide-complete-report

in The Washington Post:
http://washpost.bloomberg.com/Story?docId=1376-O8EYGS6KLVRW01-34T6SOA7MUOEK8GDPS9B0P5OS2

_____________________
Erik Gordon
Ross School of Business
University of Michigan
Ann Arbor, Michigan

on the revelations regarding McKinsey’s inhouse investing activities and possible perceived conflicts of interest

Link: http://www.bloomberg.com/news/articles/2016-06-06/mckinsey-s-9-5-billion-internal-investment-arm-cuts-wide-swath

——————–

http://www.bloomberg.com/news/articles/2016-06-06/mckinsey-s-9-5-billion-internal-investment-arm-cuts-wide-swath

—
_____________________
Erik Gordon
Ross School of Business
University of Michigan
Ann Arbor, Michigan

Bloomberg BusinessWeek, on the recommendations of shareholder advisor services

Link: http://www.bloomberg.com/news/articles/2016-06-02/gannett-said-leaning-toward-dropping-bid-to-acquire-tribune

——————–

Sharp words for shareholder advisory services regarding their stance in the
dispute between Chicago Tribune management and Gannett regarding Gannett’s
takeover offer.

Bloomberg BusinessWeek:
http://www.bloomberg.com/news/articles/2016-06-02/gannett-said-leaning-toward-dropping-bid-to-acquire-tribune

in The Chicago Tribune:
http://www.chicagotribune.com/news/sns-wp-blm-tribune-a5b4ff72-28dc-11e6-8329-6104954928d2-20160602-story.html
—
_____________________
Erik Gordon
Ross School of Business
University of Michigan
Ann Arbor, Michigan