Reynolds Holding is a Breakingviews columnist who writes from New York about the law in conjunction with Reuters Legal. Before joining Breakingviews, he was a national editorial producer for the Law & Justice Unit at ABC News, a senior writer for Time magazine and the executive editor of Legal Affairs, the first general interest magazine about the law. He spent more than a decade as an investigative reporter and columnist for The San Francisco Chronicle, where he was named a Pulitzer Prize finalist for explanatory writing. Before becoming a journalist, he practiced corporate law at the New York firm of Debevoise & Plimpton. He graduated from Harvard College and Duke University School of Law.
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Congress has made a good start on reining in firms that buy intellectual property just to file infringement suits. But true reform would block the vague and self-evident patents that fuel such claims. Lawmakers know the problem. If only they could muster the will to address it.
Morgan Stanley, Citi and JPMorgan are under scrutiny for hiring the scions of foreign officials. Making job offers just to gain government business can amount to bribery. But connections are a virtue, as long as they’re combined with experience and other solid qualifications.
The Justice Department is beating the pants off the Federal Trade Commission with pushback on AT&T, US Airways and AB InBev deals. The FTC has scored points protecting consumers. Leaving antitrust to DoJ would reduce costly overlap and let the agencies play to their strengths.
- Wall Street watchdogs push luck in SAC trader case
- Apple, Samsung won't stop feuding until judges do
- U.S. trustbusters make skies friendly for lobbyists
- Bribery mea culpas can make firms look like chumps
- SAC netted but white whale remains elusive
- Twitter may grow fat and happy on low-patent diet
- Avon can't dress up ugly foreign bribery case