Sunday, January 11, 2009

Insider Says Major Regulatory Changes Coming to Financial Sector

The minutia in government regulatory changes generally helps out favored operators, i.e., the politically connected.

At The Deal's M&A Outlook 2009 conference, David Marchick, managing director of global government and regulatory affairs at the Carlyle Group, spoke about how President-elect Barack Obama's administration will "modernize" the regulatory structure.

With major changes coming, the connected, like Carlyle Group, will have a field day massaging the new regs to their advantage--and, thus, building new inefficiencies into the market.

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