M&A Heats Up; Intrade Shuts Down; BigLaw Bonuses
Nov. 29 (Bloomberg Law) -- The search for life in the M&A universe has yielded some encouraging signs. Deals are back, Dechert M&A partner Bill Lawlor tells Bloomberg Law's Lee Pacchia in the Weekly Brief - especially as parties race to beat the scheduled expiration of the Bush tax cuts at year's end. Also in the lineup, US political junkies lament. You can no longer bet on presidential elections, the weather or anything else on Intrade's website. And last but not least, it's bonus time in BigLaw, with Cravath announcement on Monday of year-end associate bonuses ranging from $10,000 to $60,000.
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Are Emerging-Market Stocks a Smart Bet?
21:22 - Emerging-market equities are heading for a period of calm, according to U.S. traders. The CBOE Emerging Markets ETF Volatility Index is hovering near the lowest level in a year. The projections for narrower price swings, derived from options bets on the biggest exchange-traded fund for developing stocks, come as investors grow increasingly confident that policy makers will be able to shore up global growth amid market turmoil from Turkey to the U.K. Bloomberg's Elena Popina has more on "What'd You Miss?" (Source: Bloomberg)