Daily Archives: December 15, 2009

John Gapper

Guy Hands’ attempt to escape the winner’s curse by taking legal action against Citigroup over his badly timed 2007 £4bn acquisition of EMI strikes me as a hostage to fortune.

If the lawsuit succeeds, it could strike fear into investment bankers who try to push up the price their clients gain in auctions by giving all bidders the impression that others are keen to buy. Read more

John Gapper

Is manufacturing going the way of digital industries such as technology and media, where anyone with a good idea can distribute it cheaply around the world?

That is the latest notion popularised by Chris Anderson, editor-in-chief of Wired Magazine, who previously brought us The Long Tail and FreeRead more