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The new administration is working on a tax plan that would slash corporate tax rates to 15 percent and doing so with a hastiness that could jeopardize House Republicans’ ability to make the cuts permanent – WSJ and Bloomberg

Unlike John Stumpf, Wells Fargo’s Board of Directors survived round one of the aftermath of the sham-account scandal. But voting today at the annual shareholders meeting will reveal whether the Board will make it through re-election – NYTimes

At least Monday brought some welcome living-will news for Wells – WSJ and Bloomberg and Law360

Wither went the US middle class? [It’s been a rough 20 years]  – NYTimes

And this isn’t helping. The Journal dubs increasingly delinquent student loans (largely made to parents of college kids) the next subprime lending crisis – WSJ

For those in the know, Saudi Aramco’s purported $2 trillion valuation just doesn’t add up – WSJ

Alibaba’s Jack Ma had a dire warning for society as a whole yesterday: though the internet brings with it great promise, expect “much more pain than happiness” over the next 30 years due to net-based social and economic disruption – Bloomberg

Some of Uber’s recent bad press is rubbing off on one of its partners—Slice Intelligence, a data firm that uses Unroll.me to “scan people’s inboxes for information” (like receipts from Uber rival Lyft) and sell the info to interested companies (like Uber).  The data is anonymized and the practice is widespread, but that’s not stopping people from freaking out over an unknown Big Brother picking through their inboxes – NYTimes

MetLife is asking for a delay in an appeals court’s determination of its SIFI status while the White House considers the viability of the Financial Stability Oversight Council’s ability to dish out such labels at all – Law360 and WSJ

PPG’s not one to be put off by rejection.  The American paint and chemical giant has set aside a second rebuffing by Akzo Nobel and has again raised its takeover bid for its Dutch rival – NYTimes and WSJ

Looking to draw that sartorial balance between Judge Smails and Carl Spackler while on the links? Look no further than William Murray Golf – NYTimes

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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