A ‘Shadow’ Lending Market in the U.S., Funded by Insurance Premiums
Posted inBanking and Financial Institutions Blackstone Group, The Brookfield Asset Management Carlyle Group LP Dimon, James Federal-State Relations (US) KKR & Co LP Life Insurance Mergers, Acquisitions and Divestitures Private Equity Prudential Financial Inc Regulation and Deregulation of Industry

A ‘Shadow’ Lending Market in the U.S., Funded by Insurance Premiums

Apollo was the first to use annuities to build a major financing business. Others followed, driving the growth of the private lending market and worrying regulators.
Microsoft C.E.O. Testifies That Google’s Power in Search Is Ubiquitous
Posted inAntitrust Laws and Competition Issues Computers and the Internet Google Inc Justice Department Microsoft Corp Nadella, Satya Regulation and Deregulation of Industry Search Engines Smartphones Suits and Litigation (Civil) Web Browsers

Microsoft C.E.O. Testifies That Google’s Power in Search Is Ubiquitous

Satya Nadella, the chief executive of Microsoft, is the government’s biggest-name witness in its landmark antitrust case against Google.