hangover2

IPO cracks; A $375 billion PE hangover

  • We wrote about The IPO bubble and described once again how our financial markets are not free and therefore disproportionately and artificially assign benefit to a few. Steven M. Davidoff, writing as The Deal Professor for The New York Times Dealbook site chimes in with his own version. [Links: The New York Times Dealbook]
  • Private equity funds have $375 billion hangover, which they can easily throw overboard in the macro-economically defunct marketplace of Venture Capital. I wonder if bubbles grow bigger in a vacuum. [Links: Pensions & Investments]

 

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