Consumer Appetite for Anywhere Connectivity Will Drive $1 Trillion Global Market by 2012

How important is it to you to be connected wherever you go?  Yankee Group this week unveiled a bullish outlook on the Anywhere connectivity marketplace, despite the overall turmoil in the global economy. Predicting that consumer demand for broadband connectivity experiences will drive a $1 trillion market worldwide in the next five years, analysts caution ...

Here it Comes….Hedge Fund Regulation 2

The New York Times reported today that US Senators Carl Levin (Democrat) and Chuck Grassley (Republican) have introduced a bill to make clear that the SEC has the power to regulate hedge fund advisors. Previously, former SEC Chairman Cox had passed rules to require advisors to register with the SEC, but a court ruled that the ...

Tip of the Week: Patience Pays Off

Complete your due diligence.  This means withstanding the pressure to cut corners that inevitably comes during the heat of trying to complete a transaction. A well-known celebrity considered participating in a transaction that had not been fully checked out.  I advised him: “A bad deal can often be worse, much worse, than no deal at ...

It's Official: Congratulations SEC Chair Schapiro

 Here is a copy of the announcement posted on the SEC’s website regarding Ms. Schapiro’s swearing in on Tuesday (interesting she seems to want to be called “Chairman”): Washington, D.C., Jan. 27, 2009 — The Securities and Exchange Commission today announced that Mary L. Schapiro was sworn in this morning as the 29th Chairman of ...

Positive Outlook for R&D Funding

With the U.S. economy officially entrenched in recession, much of the financial news over the past few months has focused on layoffs, bankruptcies and foreclosures. But a recently released study offers some positive financial news, forecasting that funding for research and development continues to experience a decade-long growth trend. The 2009 Global R&D Funding Forecast ...

Then Again….

My last post talked about signs of life in business. Spring even. Then comes a sad email from the landlord of my midtown Manhattan office building labeled simply “incident.” Apparently, the police were summoned after someone decided the other evening to jump to his death from the 29th floor of our building in the late afternoon. ...

Signs of Life in the Dead of Winter 2

You know that feeling (at least those of you in varying climates) when the first flower appears. When the temperature first breaks 50. When the birds are singing. You know it’s Spring. Well, unfortunately we are still two months away from any of that here in the currently frigid Northeast. But in the last few ...

More on SPACs

My last post declaring SPACs “dormant” led to an unusual amount of emails expressing a variety of opinions as to the current state of the SPAC market. Let’s start with DealFlow Media’s latest “SPAC Wire.” Without naming companies, just looking at January 13-January 23, headlines end with the following: “Management Makes Second Loan..” “…Gets $500K ...

Schapiro Confirmed by Senate as SEC Chair

Mary Schapiro, currently the head of Finra, was unanimously approved by the US Senate on Thursday to be the SEC’s first female Chair. As President Obama heads into office with a near disastrous economy, Ms. Schapiro heads to the SEC at a time when it is severely under attack. Many feel the Enforcement Division let Bernard Madoff ...

Are SPACs Really Dead? 3

Well yes and no it appears. I hear from some that the SPACs that are public are suddenly finding deals and we should see some announcements soon. That is a good sign as there were concerns that virtually all the existing public SPACs might find themselves liquidating with no deal to show for their efforts ...