It's a little surprising that the funds took so long to try to get rid of the ARPS. The taxable funds are paying rates of 8.5-10.7% on these whereas repo costs around 6% or so.

President Donald Trump announced that the large law firm Skadden, Arps, Slate, Meagher & Flom agreed to provide at least $100 million in pro bono legal services to the federal government during ...

Law firm Skadden, Arps, Slate, Meagher & Flom has had discussions with advisers to U.S. President Donald Trump about a deal to avoid an executive order like those imposed on some of its ...