Corporate & Securities Law

DeLong pledge

For the record, I find highly objectionable Brad DeLong’s recent characterization that I am somehow on opposing sides of this issue from Larry Ribstein, Jonathan Adler or Todd Henderson.  That represents more dissembling and misdirection from DeLong that I now see is a fundamental part of his blogging style.  If there is anything constructive that has resulted, I sincerely hope it has been to bring positive attention to an inventive, rigorous, and interesting paper by Todd Henderson: Insider Trading and CEO Pay, which was my original intent.  I think Ribstein and Bainbridge have it right, it’s a waste of time to interact with someone as unprofessional as DeLong, and so I join in pledging to try and not waste any more time discussing him.

Full post as published by Truth on the Market on October 07, 2010 (boomark / email).