![](/img/client_headers/RobinsKaplanMiller/MainHeader.jpg)
Our top hits of the past week just keep on coming, including:
The Deal Professor reviewing the “snap judgments” on what led to Valeant’s current mess—explanations that include “Valeant as Enron,” a McKinsey-driven problem, the “Perils of R&D cuts,” and “The Hedge Funds,” to name a few – NYTimes
And Breakingviews’ take on the latest Anbang offer for Starwood (“risky, but worth it) – NYTimes
Plus, some additional detail on one of Andrew Caspersen’s biggest victims—the Moore Charitable Foundation, the “land, water and wildlife”-focused charity of hedge fund billionaire Louis M. Bacon—which Caspersen took for $25 million – NYTimes and WSJ
In long-awaited comments to the Economic Club of New York yesterday, Fed Chair Janet Yellen acknowledged a rough start to the economic year but drew faith from a “remarkably resilient” US economy that justified the Fed’s intention to “pursue a careful, patient course toward higher interest rates” this year – NYTimes and WSJ
The markets liked what she had to say – Bloomberg
Credit Suisse has asked a NY appeals court to reverse a lower court opinion allowing NYAG Eric Schneiderman’s $11.2 billion RMBS suit to move forward – Law360
Venture capital firms are raising money hand over fist this year, taking in roughly $13 billion—a pace not seen in more than 15 years—with endowments and pension funds leading the way in a quest for “higher growth in a low-return environment” – WSJ
Noted Apple partner Foxconn and Japan’s Sharp Corp. have agreed on a $3.5 billion takeover deal – NYTimes and WSJ
We’ve heard plenty in the past year about big banks facing cybercriminals. So it was only a matter of time before hackers targeted the white shoe law firms who serve those banks—including Cravath and Weil Gotshal—with a suspected intent of gaining information to use in insider trading – WSJ and Law360
Wall Street may not be completely on board with Bitcoin, but it loves the blockchain tech that backs it – WSJ
Renewable energy giant SunEdison could soon be adding a big old “former-” to that moniker. Not only is its stock down 95% since last summer, but affiliate TerraForm noted in a recent SEC filing that SunEd faces a “substantial risk” of bankruptcy, and the SEC is investigating the company’s disclosures last fall about its cash position – WSJ and Bloomberg
Welcome to the brave new world of hybrid fruits (or frankenproduce, if you prefer)—including the mandarinquat, pink variegated lemon, baby kiwi, and dragon fruit – NYTimes