Seen through cynical eyes, the Sarbanes-Oxley legislation and Donaldson's subsequent "reform" efforts at the SEC were simply a means of distracting attention from the enabling role that the NYSE, NASDAQ, and SEC too played in the fleecing of American investors with the New Economy bubble, a role abetted by an assortment of well-compensated investment bankers
, lawyers, auditors and other supposed gatekeepers.
In making these allocations, taxpayers are required to conduct a detailed analysis of the various activities the investment bankers
performed and to gather supporting records.
A slacker student (Kal Penn, front) and his investment banker
pal (John Cho) run into problems as they search for a particular fast-food restaurant in ``Harold & Kumar Go to White Castle.
The only tricky part of the product is that to lower up-front funding costs, the company has also effectively sold its investment banker
a call on a hypothetical 10-year treasury security.
In this paper, we examine whether the choice of investment banker
mitigates the asymmetric information problems faced by outside investors in firms conducting seasoned equity offerings (SEOs).
For example, the investment banker
will know that, at $14 per share, the offering is oversubscribed 4 times; at $15, it's oversubscribed 23 1/2 times, and so on," Kaplan explains.
He must resolve lingering cultural friction between traders and Goldman's client-oriented investment bankers
Throughout this tedious work, Levine seems nothing more than a dissembler who, five years after pleading guilty, has learned from his crimes only that it's best not to get caught, He has slapped together a thoroughly unbelievable, self-promoting tome that rounds out his career perfectly: an unremarkable investment banker
turned unimaginative crook turned lousy author.
Second, a subsequent securities offering, publicly underwritten or privately placed by the investment banker
(or an affiliate), is used to repay the bridge loan as quickly as is practical.
John Eckbert, partner with PCE Investment Bankers
of Winter Park, Fla.
The company said that Luca Ferrari, an investment banker
to Xstrata Plc (XTA) on its proposed merger with Glencore International Plc, is to leave the firm.
In other words, he thinks just about any company wanting to get a deal done can get an investment banker
to support its point of view.