Gotham Diary:
From the desk of
2 July 2013
Today’s may be the briefest entry ever — I rather hope so. But it’s no use trying to think. There is nothing to do but savor, if only for a day, a very rare pleasure. Yield to the vanity of human weakness.
Even if Kathleen had retained a publicist, at an annual six-figure fee, the following sentence, appearing in today’s Times, could not have been improved upon.
Their proposal has the advantage of coming from the desk of Kathleen Moriarty, a lawyer at Katten Muchin, who played a leading role in the creation of the first exchange-traded fund and popular gold- and silver-backed E.T.F.’s.
We have Nathaniel Popper and Peter Lattman to thank for this, and also, of course, the clients themselves, who asked for a list of Kathleen’s major deals before they made their announcement.
As the story goes on to say, this is only the beginning of a challenging regulatory process, one that will almost certainly force two antagonistic agencies to agree on something. But, just for today, we’re going to lounge on that desk.