In America, where the separation of the jobs of chairman and chief executive is normally seen as a sign of weakness or as a transitional arrangement, the New York Stock Exchange wants independent directors to meet regularly under a presiding director.

ECONOMIST: Corporate governance

This weird arrangement meant the subsidiary theoretically owned more stock after the redemption than before it.

FORBES: Public Relations Pickle

The entire complex arrangement was treated by the IRS as a tax-free stock-for-stock merger.

FORBES: Taking Liberty

The complicated arrangement for involving the ECB in the deal to cut the stock of Greek sovereign debt, now sketched out by the Wall Street Journal, is slightly different from the variants I discussed the other week.

BBC: European Central Bank bows to reality over Greek bonds

The entire complex arrangement was treated by the U.S. Internal Revenue Service as a tax-free stock-for-stock merger.

FORBES: Taking Liberty