Reynolds Holding is a Breakingviews editor who also writes from New York about the law. 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.
- Tel: +1 646 223 8420
- E-mail: firstname.lastname@example.org
CBS, Disney and others oppose the Barry Diller-backed streaming startup’s rebirth as a cable firm. But conceding could put online services and, say, Time Warner Cable on equal legal footing and create more competition for content. That’s a win for viewers and networks alike.
Like Citi and JPMorgan, the bank will pay a monitor to police its $16.7 bln deal with Uncle Sam. Such private overseers may ensure compliance. But as PwC has shown, their allegiances are open to question. Regulators would better serve the public doing the job themselves.
Regulators are using the obscure law with longer deadlines to extract hefty penalties, including a record $16.7 bln from BofA. Even Countrywide’s Angelo Mozilo seems in their grasp. Aggrieved investors may be appreciative but it’s a dubious way to make up for a missed crackdown.
- U.S. commercial and legal reach pegged to dollar
- Bet with the house in Caesars showdown
- Wall Street watchdog looks wimpy ducking court
- Probing Congress' insider trades worthy if doomed
- Chinese firm schools Uncle Sam on rule of law
- Citi settlement imposes awfully pricey babysitter
- U.S. insider trading cops pick a bad time to lose