DealBook – Activist Fund to Back C.E.O. Candidate at Cliffs – By MICHAEL J. DE LA MERCED -The activist hedge fund pushing for change at Cliffs Natural Resources plans to back a candidate for chief executive as it steps up its fight at the mining company.
Quote: The investor, Casablanca Capital, plans to disclose on Wednesday that it is backing Lourenco Goncalves, the former chief executive of Metals USA, as its choice to lead the company.
DealBook – Former Top S.E.C. Enforcer Returns to Milbank – By BEN PROTESS – After spending the last few years investigating financial institutions, George Canellos will now be defending them. Read the full story at: http://dealbook.nytimes.com/2014/02/12/former-top-s-e-c-enforcer-returns-to-milbank/