The past 2 days saw an incredible and tragic turn of events for former Chesapeake Energy CEO Aubrey McClendon, part owner of the OK Thunder and a winery in Bordeaux and “face of the nation’s natural gas boom,” who on Tuesday was indicted on federal bid-rigging charges and who died yesterday after his car hit a bridge at high speed – NYTimes and WSJ
Fujifilm and Canon are among the suitors with the best shot for claiming Toshiba’s medical-device business in an anticipated $6 billion deal set to close in the coming weeks – WSJ
Sporting goods retailer Sports Authority has joined “the pile of losers from the precrisis leveraged buyout boom” after its bankruptcy filing yesterday, unable to recover from its time “languish[ing] in the portfolios of private equity firms” while the markets slowly climbed their way back after 2008 – NYTimes
The Journal on where the biggest US banks sit in the midst of an epic oil bust – WSJ
Speaking at an ABS conference this week, SEC Commissioner Michael Piwowar argued that the postcrisis regulations governing securitization offerings “have caused issuers to shy away from public markets in recent years,” pointing in particular to 2014’s risk retention rules (requiring issuers to hold a 5% skin-in-the-game interest) as a troubling “one-size-fits-all approach” – Law360
Ladies and gentlemen, the staggering power of Oprah (because 1 billion free media impressions is no joke) – Bloomberg
The Dealbook returns to new Minneapolis Fed chief Neel Kashkari’s recent call to fix the still-present “too big to fail” problem as a way of exploring whether the “eye-numbingly complex” regulatory architecture passed in the wake of the great recession has actually done the trick – NYTimes
The Financial Stability Oversight Counsel said yesterday that despite the “emphatic protests” (and ongoing legal dispute), it’s sticking with its SIFI label for MetLife – Law360
My own particular brand of March Madness kicked off yesterday, with Class A action getting started in the fabled Minnesota State High School Hockey Tournament. If you thought high school football in Texas was something, you gotta get a load of this – YouTube