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When the broker calls with a hot new issue.
- Source :
- Forbes; 6/27/1988, Vol. 141 Issue 14, p290-292, 3p
- Publication Year :
- 1988
-
Abstract
- The article reports that from 1982 through April 29, 1988, during the second-greatest bull market of the century, investment bankers raised $63.5 billion for the entrepreneurs of the U.S. by taking 3,998 companies public. The event was cited good for the economy, favorable for the companies, and beneficial for the bankers, who kept $5.5 billion of the total as underwriting commissions and fees. The article probes into the benefits of the market to the investors who plan to raise some money through the same.
- Subjects :
- INVESTMENT banking
MARKETS
INVESTMENT bankers
ENTREPRENEURSHIP
CORPORATE finance
Subjects
Details
- Language :
- English
- ISSN :
- 00156914
- Volume :
- 141
- Issue :
- 14
- Database :
- Complementary Index
- Journal :
- Forbes
- Publication Type :
- Periodical
- Accession number :
- 18064979