On September 23, 2008, in the midst of a historic crisis in the U.S. financial markets, Warren Buffet's Berkshire Hathaway invested $5 billion in Goldman Sachs. Goldman CEO Lloyd Blankfein said: 'We are pleased that given our longstanding relationship, Warren Buffett, arguably the world's most...

In April 2013, Procter & Gamble (P&G), the world's largest consumer packaged goods (CPG) company, announced that it would extend its payment terms to suppliers by 30 days. At the same time, P&G announced a new supply chain financing (SCF) program giving suppliers the ability to receive...

Introduction : the changing pattern of world trade and politics -- Post-Soviet regions : from interdependence to countervailing powers? / David Lane -- The changing governance and geography of world trade / Stefan Schmalz -- China's initiatives in Asia : "one belt, one road" as a development...

Recent studies of the role of law in distributing accident costs have led to the pessimistic conclusion that because judges lack the information to discover the efficient level of care, efficiency cannot be achieved by common law tort rules. We show that judges have enough information to revise...