Marketplace for 7/18/2013 – Detroit’s bankruptcy
Detroit files for bankruptcy. J.P. Morgan Chase is reportedly in negotiations with federal regulators over charges the bank manipulated energy markets in California and around the country. The energy market -- and the federal enforcement actions -- are things that would have looked very different before the Enron scandal a decade ago. Also, Dell shareholders are deciding whether to approve a buyout involving the company's founder -- most of these deals go through, but will this one? Finally, a conversation with Ryan Schreiber, founder of Pitchfork, about the music industry in the digital age.
Detroit files for bankruptcy. J.P. Morgan Chase is reportedly in negotiations with federal regulators over charges the bank manipulated energy markets in California and around the country. The energy market — and the federal enforcement actions — are things that would have looked very different before the Enron scandal a decade ago. Also, Dell shareholders are deciding whether to approve a buyout involving the company’s founder — most of these deals go through, but will this one? Finally, a conversation with Ryan Schreiber, founder of Pitchfork, about the music industry in the digital age.
