April 2017: Headlines and Deadlines

"But what about the January 3, 2018, Mifid II deadline? To what extent are capital markets firms’ minds concentrated on that deadline?"


Deadlines are strange things and people, it seems, are similarly strange when relating to them. British poet and essayist Samuel Johnson once famously commented that, “When a man knows he is to be hanged  … it concentrates his mind wonderfully.” Johnson, fortuitously, wasn’t referring to himself, but rather to the Anglican clergyman, William Dodd, who was hanged on June 27, 1777, for forgery. 

An execution is certainly a deadline that cannot be ignored—it is, after all, literally a matter of li

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