Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Sunday, April 8, 2007

Perspective on The Past Week's Stories

The most important news this week (although widely expected) is the SEC's announcement that it will ease 404 controls on small corporations.  The story that got the most headlines is real estate magnate Sam Zell's winning bid in the auction of the Tribune Co. and his plans for the company's future (although all the headlines might reflect newspapers' interest in one of their own).  Other important events:  New Century Financial, the poster child for the subprime mortgage industry, entered bankruptcy, and Kirk Kerkorian once again sets his sights on Chrsyler, announcing that he will bid $4.5 billion.

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