In fairness, Marcus Goldman got his start peddling household goods, so….
And the people who it cost $5.5 billion are gonna try to not repeat the experience.
Getting sued, going to court, getting called a modern-day AOL…
This may be the first SPAC to essentially merge with itself, but it will most assuredly not be the last.
It does some other stuff, too, but they're not relevant to the bottom line.
The blank-check bubble looms over Asia.
Needless to say, the SEC is concerned.
Like another company going public via SPAC giving you access to the IPOs it’s choosing to shun.
The SPAC-and-IPO party on Wall Street will have to stand in for the traditional holiday festivities this year.
Take that, Satya Nadella.
You’d trust Nasdaq to keep you out of trouble with technology, right?
You don’t want to be the guy who strikes a deal days before Muddy Waters, uh, strikes.
Imagine thinking that bringing on a piece of Wells Fargo is a net-plus.
So Jim Gorman wants to turn Morgan Stanley into Schwab.