
December 22nd, 2003, 12:50 PM
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Contributing User
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Join Date: May 2003
Location: Chicago
Posts: 4,109
  
Time spent in forums: 5 Days 17 h 45 m 3 sec
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Quote: | Yet as Wall Street has come under increasing scrutiny amid accounting scandals, insider-trading and conflicts of interest, auctions are gaining support as an alternative to the "old boy's network" of Wall Street as a more equitable way for firms to raise capital, and allow many people to invest rather than a favored few. |
Exactly why Google is thinking about a Dutch auction. Hell I would too. Mucho profit for the company and shareholders. Also lets the shareholders decide the value once trading starts and raise more share purchases. Profit. Profit and yep more profit.
Congrats on the 300th post
-PK
Last edited by pk_synths : December 22nd, 2003 at 12:54 PM.
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