By Michael Macaluso The decision to stand behind uninsured deposits by the Fed, Treasury, and the FDIC announced on Sunday, March 12, I believe was necessary and correct. It has been probable since the aftermath of Lehman Brothers, however, that any reasonably large systematically connected depository institution (and some non-depository institutions) could potentially trigger a […]
March 12, 2023
By Michael Macaluso On March 10, 2023 the California Department of Financial Protection & Innovation declared Silicon Valley Bank (“SVB”) insolvent and appointed the FDIC as receiver. Simultaneously, the FDIC created the Deposit Insurance National Bank of Santa Clara to facilitate access to SVB deposits insured by the FDIC. For those of us who worked through […]
May 5, 2020
by Todd R. Vollmers, Macaluso LLP Are You Standing on Quicksand? Companies that do business internationally or rely on a global supply chain (either directly or indirectly), should continue to expect and be prepared for far-reaching and unique challenges arising out of the global pandemic caused by Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2), which […]
July 2, 2017
Written by Todd R. Vollmers, Managing Director, Global Access CSG There has been increasing interest in trends pertaining to China, particularly given its relatively new role as the world’s second largest economy and growing importance to international trade and the global economy. Since 1978 (when China began instituting political reform making it more open) according […]
February 4, 2016
Michael Macaluso: Global finance and legal expert Law & Life Vol. 2, July 16, 2015, cover story Michael J. Macaluso, whose Chinese name is: 马鲁索. Interview translated from the original Chinese. He is the chairman and General Counsel of Global Access and a former Partner in finance, capital markets, and investment funds at DLA Piper. He has successfully […]
April 10, 2015
A recent article posted to a Wall Street Journal blog got me thinking about a question that has long been on my mind: are we really facing a humans vs machine dilemma when it comes to U.S. jobs and competitiveness? The following three important and persistent trends are leading business to replace labor with technology: Availability of […]
March 31, 2015
The George Washington University Graduate School of Political Management is offering an open course (a so-called MOOC) entitled Business in a Political Age taught by its leader, The Hon. Mark Kennedy. I have known Mark Kennedy for many years. He has been a successful business man, a politician who served his country and he now leads George Washington University’s […]
August 17, 2013
The Scott Brass decision by the U.S. First Circuit Court of Appeals is unlikely to have the significant impact on private equity funds that many are foreseeing. The decision does, however, create yet another level of uncertainty to the deployment of capital to companies where it is most needed. Five years after the US financial […]
June 14, 2013
Comments Off on Recession in Vietnam
There has lately been a lot of talk, and in many places fretting, about whether there is a current recession in Vietnam. Many foreign experts and commentators have opined that the bloom may be off the rose. The Asian Tiger may be in trouble they say. They have put their forecasts where their opinions are. I won’t bore you with the […]
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March 13, 2023
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