Because we haven’t spilled enough ink on GE this week, Dealbook’s Common Sense column asks if GE’s decline (at least from a stock performance perspective) wasn’t so much Jeff Immelt’s doing as it was Jack Welch’s – NYTimes
Results? Nah. But cash? They’ve got plenty of it. Such is life for quant funds (which use sophisticated statistical models to invest rather than human research and intuition), which lag traditional investment performance rather considerably but continue to rake in investors – WSJ
The SEC has put the High Court’s Kokesh ruling into immediate action, shaving $45 million from its disgorgement request against PE giant Lynn Tilton – Law360
Here’s some interesting potential synergy—Slack, publicly looking to raise $500 million in new funding, has received some interest from Amazon to do much more than that (for a lot more) – Bloomberg
Turns out that seeing the Chair disappear isn’t so good for business (right, Anbang?) – NYTimes
The DOJ has given a nod to the 2015-announced merger between Dow and DuPont, the last major hurdle to a deal that’s now expected to close sometime in August – WSJ
International banking + FIFA = (gasp!) money laundering. Shocker – NYTimes and Law360
Another look at Pimco’s new bond king, Dan Ivascyn, the anti-BBG – WSJ
We’ve been waiting for Bitcoin’s fall from grace, and though it’s certainly far from down and out, it’s dropped nearly $1000 in value since Monday – Bloomberg and MarketWatch
Some Law360 Analysis suggests that US regulators are late to the game when it comes to Fintech regulation but points to forthcoming initiatives from the CFTC, FINRA, and the SEC as a signs of remedying that tardiness – Law360
If you’re like me and devoured Roald Dahl books as a child, you’re likely to know (or at least recognize) the work of Quentin Blake—who the Times profiles as he’s set to unveil his new show, “The Only Way to Travel” – NYTimes