Jonathan Macey

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Recent Commentary

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Corporate Governance: Promises Made, Promises Broken

by Jonathan Maceyvia Defining Ideas
Tuesday, October 7, 2008

It is more accurate to characterize corporate governance as being about promises than as being about contracts.

Analysis and Commentary

Bear Stearns Too Big to Fail?

by Jonathan Maceyvia Washington Independent
Wednesday, May 21, 2008

Sometime during the week-end of March 14-15, the U.S. Federal Reserve decided the government of the United States could not permit the investment bank Bear Stearns to fail...

Analysis and Commentary

Brave New Fed

by Jonathan Maceyvia Wall Street Journal
Monday, March 31, 2008

Regulation follows crisis as surely as mushrooms follow the rain. The collapse of Enron led to passage of Sarbanes-Oxley and to sweeping new powers for the Securities and Exchange Commission...