Sunday, May 22, 2011

Mazi's Link O' the Day

So, there's been some outrage over the doubling of LinkedIn's share price on the first day of its IPO. Claims abound that the underwriting banks purposefully priced the stocks at a lower-than-expected, so to speak, price, so that when the stock surged, they would see green. TED disputes this:

http://epicureandealmaker.blogspot.com/2011/05/dan-you-pompous-ass.html

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