Photograph of skyscrapers with glass windows from the ground facing up to a blue sky
Apples on branches

Goldman’s Call for More Board Diversity Bears Early Fruit

Apples on branches

When Goldman Sachs speaks, corporations listen. The influential investment bank’s tentacles stretch far and wide across both the global capital markets and the highest levels of policymaking in the United States. So CEO David Solomon essent...

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Blank Paper Cheque - Financial Services

Bill Ackman Prepares Mother of All SPACs

Blank Paper Cheque - Financial Services

Bill Ackman wants to bag an elephant. The hedge-fund billionaire with the flashy and often successful bets is now getting behind a special purpose acquisition company, or SPAC. And in typical fashion, he’s going big—preparing to raise $4 bi...

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Four People Racing in Marathon, crossing finishing line

The State of COVID-19 Disclosure, Part III: CARES Act Relief

Four People Racing in Marathon, crossing finishing line

You did it. You’ve reached the third and final installment of our series on the “state of COVID-19 disclosure.” Previous episodes focused on language concerning debt covenants and going concern opinions. Today, we’re going to see what publi...

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Amplifying voices: Microphone confronting racial inequality

Issuers Pushed to Stand Up on Social Issues

Amplifying voices: Microphone confronting racial inequality

If you streamed Hamilton last weekend, you saw opposing sides of a question facing today’s public companies personified by two 18th-century politicians. The question is whether to stake out a position on hot-button issues. Aaron Burr cautio...

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Ocean Lighthouse Wide Shot with Cloudy Background

The State of COVID-19 Disclosure, Part II: Going Concern

Ocean Lighthouse Wide Shot with Cloudy Background

Two weeks ago, the SEC urged public companies to speak frankly to investors about how the pandemic is impacting their financial health. The SEC even included a helpful guide, listing topics that issuers’ disclosures should cover. Those topi...

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