Tuesday, May 6, 2014

THE SCENT OF AN IPO




One wonders who are the greater villains here, those who hawk super-sized fries and cokes (Doesn't Buffett own a few shares of Coke?) or London's version of Wall Street underwriters?

Anyway, here's a good short piece from an excellent site about the IPO shell game if you occasionally want to cudgel in shape those brain cells a bit. 

Note, too, somewhere in here you'll find the scent of Goldman Sachs.
http://www.dailyspeculations.com/wordpress/?p=9320

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