At variance with most semi-analytic models, in the Anti-hierarchical Baryon
Collapse scenario (Granato et al. 2001, 2004) the main driver of the galaxy formation and
evolution is not the merging sequence but are baryon processes. This approach emphasizes,
still in the framework of the hierarchical clustering paradigm for dark matter halos, feedback
processes from supernova explosions and from active nuclei, that tie together star formation
in spheroidal galaxies and the growth of black holes at their centers.We review some recent
results showing the remarkably successful predictive power of this scenario, which allows
us to account for the evolution with cosmic time of a broad variety of properties of galaxies and active nuclei, which proved to be very challenging for competing models.