What “coulda” ignited a desperately needed thriving IPO market, Facebook’s IPO is going down in the history books as a cluster of mishaps complete with a series of investigations and lawsuits looming in the distance. In case there was even a shred of doubt left, the Facebook IPO validates just how dysfunctional the public markets […]
The Wrong Day to Quit Sniffing Glue or Make Your IPO Debut
Some call it a cultural phenomenon. Others label it a colossal waste of time. No matter the sentiment, all attention was on Facebook’s IPO entrance on Friday. Well, except for NASDAQ, who was too focused on repairing its malfunctioning technology, oh, and the European Union, who was busy worrying about its looming financial collapse. Instead […]
Is The New York Times Trying to Socialize Wall Street?
The New York Times came out with an article yesterday that caused me to seriously question the publication’s true allegiance. The piece, written by Andrew Ross Sorkin and titled, “JOBS Act Jeopardizes Safety Net For Investors”, uses Groupon’s current woes as an excuse to denounce the overwhelmingly bipartisan jobs bill just days before Obama is […]
The JOBS Act – It’s not Just a Bill, It is Our Children’s Future
“We The People” applaud our Senate for overcoming partisanship and passing a bill that will help get our economy moving again. The JOBS Act which had passed the House by an overwhelming bipartisan majority a few weeks ago passed the Senate yesterday by a vote of 73-26, albeit with a number of amendments that would […]
Cousin Cara and Facebook’s IPO
Since Facebook’s long anticipated S1 was filed on February 1st, pundits have been coming out in droves weighing in on everything from Facebook’s revenue growth to the number of hooded sweatshirts hanging in Zuckerberg’s closet. I haven’t heard this many opinions being expressed since my daughter learned how to speak. I’ve read everything from, “Undervalued” […]