Greensill Capital paid David Cameron salary of over $1 million a year -FT

Greensill Capital paid David Cameron salary of over $1 million a year -FT
Former British Prime Minister David Cameron leaves his home, as investigations continue into the collapse of Greensill Capital and his failed attempts, as a Greensill employee, to persuade the British Treasury and the Bank of England to include the firm in the UK's COVID rescue programmes, in London, Britain May 13, 2021. REUTERS/Hannah McKayJuly 12… Read More

Capital Calls: LionTree on the prowl

Capital Calls: LionTree on the prowl
A young lion is seen at Woburn Safari park before its opening as COVID-19 restrictions begin to ease, in Woburn, Britain, April 11, 2021. REUTERS/Andrew BoyersConcise insights on global finance.-----------------------------------------------LIONTREE KING. A noted media M&A adviser has traded places with his former employer. Aryeh Bourkoff’s boutique firm LionTree has zipped up the ranks of the… Read More

Capital Calls: Hindsight comes quickly to SPAC projections

Capital Calls: Hindsight comes quickly to SPAC projections
A electric taxi car drives past a crossing in Shanghai, China March 9, 2021. REUTERS/Aly SongConcise insights on global finance.-----------------------------------------------2020 HINDSIGHT. Flattering projections from special-purpose acquisition companies, or SPACs, need to be taken with a large grain of salt. Lordstown Motors (RIDE.O) is the latest example. The company said on Tuesday that it needs more… Read More

Capital Calls: LionTree on the prowl

Capital Calls: LionTree on the prowl
A young lion is seen at Woburn Safari park before its opening as COVID-19 restrictions begin to ease, in Woburn, Britain, April 11, 2021. REUTERS/Andrew BoyersConcise insights on global finance.-----------------------------------------------LIONTREE KING. A noted media M&A adviser has traded places with his former employer. Aryeh Bourkoff’s boutique firm LionTree has zipped up the ranks of the… Read More

Capital Calls: Samsung heir has malformed pile of freedom chips

Capital Calls: Samsung heir has malformed pile of freedom chips
Concise insights on global finance.-----------------------------------------------PRISON BREAK. A global semiconductor shortage is a flimsy ticket to freedom for Jay Y. Lee. Business groups, including the American Chamber of Commerce in South Korea, are calling for President Moon Jae-in to release the heir of the country’s most powerful conglomerate. The Samsung scion is currently serving out a… Read More

Capital Calls: South Korean deals tell tall tales

Capital Calls: South Korean deals tell tall tales
(The author is a Reuters Breakingviews columnist. The opinions expressed are their own.)New co-CEOs of Kakao Corp Yeo Min-soo and Joh Su-yong attend a news conference in Seoul, South Korea, March 27, 2018. REUTERS/Kim Hong-Ji HONG KONG (Reuters Breakingviews) - Concise insights on global finance.-----------------------------------------------SERIAL ACQUIRERS. Two South Korean web giants are embarking on their… Read More

Capital Calls: Meredith flips the switch on TV

Capital Calls: Meredith flips the switch on TV
Sony's first color TV set KV-1310 is displayed at Sony's history museum in Tokyo February 23, 2012. REUTERS/Kim Kyung-Hoon Concise insights on global finance.-----------------------------------------------TIME ON ITS HANDS. Meredith (MDP.N) has agreed to sell 17 local U.S. TV stations to Gray Television (GTN.N) for $2.7 billion in cash, about 10 times the assets' adjusted EBITDA. It's… Read More