Some North Carolina litigation provides today's food for thought. There are many contested facts about the case, but if there is any glimmering of truth in the complaint Barings made, then Corinthia, and those behind it, are acting like mobsters amidst the world of high finance, specifically the subdivision of that world known as private credit. Barings, a storied bank headquartered in London, runs a substantial private credit operation out of North Carolina. Recently, and apparently at the instigation of another financial giant, Japan's Nomura, an Australian fellow has created this new entity ( Corinthia -- like the adjective for leather but without the "n" at the end) and has used it to go on a hiring spree. The Australian, Paul Weightman, hired a lot of talent and then called/emailed the bosses of these talented folk to demand that they sell him the "platform," i.e. proprietary information and facilities used to extend and manage loans. Tony Soprano...