Blackberry takeover falls through & McKinsey’s secrets
Senator Rand Paul gives his take on Janet Yellen as new Fed Chair after promising to hold up her confirmation, the decrease in T-note yield is helping big banks recover billions in unrealized gains, and Larry Ellison faces anger from Oracle shareholders over his pay. Plus, we talk to Kyle Harrington, Founder of Harrington Capital Management, about Blackberry’s most recent news – Fairfax Financial Holdings will not take it over, instead choosing to invest $1 billion in Blackberry along with unnamed institutional investors. Duff McDonald discusses his new book ‘The Firm’, which investigates McKinsey, a consulting firm that has been part of decisions that have shaped American capitalism. In today’s Big Deal, we look into Lululemon’s transparency issues and whether naps could make workers more efficient.
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