We learned pretty early on that VW wasn’t alone in employing emissions-cheating software to get around environmental regs. But until now, it’s borne the brunt of the bad press for its actions. Well, with Fiat Chrysler’s DOJ negotiations and pledge to modify 100,000 vehicles, VW might finally have some front-page company – NYTimes
Though at Ford, it’s all about falling share prices (40% in the last 3 years), a drop that was enough to spur this morning’s ouster of CEO Mark Fields – NYTimes and WSJ and Bloomberg
That long-promised quant takeover of Wall Street? Oh yeah, that’s real. And that’s now – WSJ
Your Monday morning DOL fiduciary rule roundup – Law360 and Bloomberg BNA
Texas-based Huntsman Corp. and Switzerland’s Clariant AG have agreed to join forces in a deal that would create a $14 billion-dollar chemical giant – WSJ and Bloomberg
Steven Cohen’s still out of the game for another year (officially). But unofficially, he’s making a lot of moves to let the hedge fund industry know that he’ll be back. And soon – NYTimes
SoftBank’s Masayoshi Son has been talking up a planned $100 billion tech fund for a few months now. Over the week, he partnered with Saudi Arabia’s sovereign-wealth fund to make it a reality – WSJ and Bloomberg
Meanwhile, Blackstone’s looking to bring that same outsized dollar amount (and some of the same partners) to US infrastructure investments – Bloomberg and MarketWatch
Barclays, SocGen, and other big international banks still have a Libor problem, and Gucci’s not helping them out of it – Law360
Fair Game suggests this week (with an extended look at the Arconic/Elliott Management tete-a-tete) that huge institutional investors are poised like few others to actually do something about “dubious” corporate practices, yet more seem to be favoring the rubber stamp than rocking the boat – NYTimes
Online lenders have long-since shed their disruption ambitions for “attracting investors” ambitions. Their plan: look more like the Wall Street lenders that they were meant to supplant. At least it’s paying off – WSJ
SNL closed out Season 42 this weekend, and musical guest Katy Perry had a lot going on in her “Swish Swish” performance (ups on the Beetlejuice coat). But do yourself a favor and fast forward this to 2:26 so you can take in Backpack Kid in all his glory – SNL
