11
Apr
http://www.complianceweek.com/kpmg-fires-engagement-partner-fingered-in-insider-trading-scandal/article/288189/
Tammy Whitehouse
Officials at KPMG and Skechers USA Inc. have fingered Scott London as the engagement audit partner at the center of an insider trading scandal that has put two companies in a scramble to find a new audit firm and has rocked the highest ranks of the audit profession.
Skechers and...
27
Mar
Bloomberg: Is the Dell Stub the Right Investment for You?: Real M&A
By Tara Lachapelle, Brooke Sutherland & Miles Weiss
Blackstone Group LP (BX) and Carl Icahn’s bids for Dell Inc. (DELL) are employing a rarely used deal tactic that has yielded both big payouts and big losses for shareholders.
The offers allowing investors to retain stock in the floundering personal-computer maker may help them win over shareholders like Southeastern Asset Management...
01
Feb
Bloomberg: Megamerger Failures Cloud 2013 Deal Resurgence: Real M&A
“Large deals are flashy and they get people’s attention,” said Scott Rostan, who once analyzed mergers at Merrill Lynch & Co. and now runs New York-based Training The Street, giving instruction on takeovers to new hires at banks. “But the large, transformational deals are really hard to pull off. Typically you have to pay a big price to convince the seller. Synergies are very hard to realize. There may be cultural differences. Put that all together and you’ve got a recipe for disaster.”
22
Jan
CFO Magazine: Robert Rostan on FASB’s proposed changes to repo agreement rules
Cleaning Up Balance Sheets, One Repo at a Time
A new accounting proposal could clear up CFOs’ uncertainty about where to book repurchase agreements.
By Kathleen Hoffelder
A new proposal by the Financial Accounting Standards Board (FASB) should eliminate the accounting allowances that made it easy for Lehman Brothers and MF Global to...
20
Dec
Bloomberg Businessweek: Starz Takeover Looms as Malone Faces Low Value – Real M&A
“This is Malone and management’s way of saying Starz has a lot of value on its own,” said Training The Street’s Rostan, a former M&A analyst whose New York-based firm trains new hires at banks on mergers.
06
Dec
Fox Business News: Scott Rostan on Citi’s Repositioning
http://video.foxbusiness.com/v/2013703363001/citigroup-plans-to-cut-11000-jobs/?playlist_id=933116624001
18
Oct
Reuters: Scott Rostan on Sprint Nextel’s assuming majority stake in Clearwire
Sprint Nextel assumes majority stake in Clearwire
By Ben Berkowitz and Nicola Leske
(Reuters) - Wireless carrier Sprint Nextel Corp (S.N) said it has acquired a majority interest in Clearwire Corp (CLWR.O) by buying a stake from the company's founder.
A similar attempt by Sprint to take control of Clearwire last week was...
23
Aug
TTS CEO & Founder on 7 Hours vs. 7 Seconds: Job Preparedness for MBA Students
7 Hours vs. 7 Seconds: Job Preparedness for MBA Students
It’s an all too familiar story.
It’s 1995, and I’m at Merrill Lynch. I find myself in the downtown office at 2:00 a.m. on a Thursday night staring at an Excel spreadsheet that doesn’t balance. I keep trying to solve the problem,...
31
Jul
Online MBA Guest Post: Tips for the Investment Banking Interview and Hiring Process
Guest Post: Tips for the Investment Banking Interview and Hiring Process
Wanda E Drummond provides these tips for nailing an investment banking interview and navigating the hiring process in the uber-competitive market.
Social Media Lock-Down: Invest time in setting up your Facebook security. Create different groups that will only have a limited...
27
Jun
FINS: MBAs and Wall Street Still in Love
By Julie Steinberg
M.B.A. students are still anxious to join the finance industry and more willing to consider jobs at boutique advisory firms and middle market investment banks, according to a new survey.
When asked what type of firm would be their top employment choice, 27% of students said large financial institutions,...