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Mnuchin & Loans: The Real Hearing Excitement

Like many others, we watched Treasury Secretary Mnuchin’s testimony before the House Financial Services Committee with great interest. Unlike most, we were less fascinated with…

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The Kirschner Case: This is the End

The Supreme Court denied Kirschner's petition for certiorari, finally ending the case. As LSTA's Elliot Ganz explains, this cements that syndicated loans are not securities,…