Window shut for broker IPOs

3 responses

  1. Pete Toth says:

    “that’s quite a rumour. Unfounded as it likely is.”

    hmmm. 🙂

    Drink lots of liquids. Did you have a flu shot this year? Seems like most who did, got the flu. hmmm. 😉

  2. Mark McQueen says:

    The Monday morning rumour spoke of Chapter 11 at BSC, which seemed unfounded given the likelihood that the U.S. government would step in to save the 5th largest brokerage firm in the U.S.

    I could have been more aggressive in the prediction, though, that is true. In my defence, the stated rationale for the rumour has held together.

    But no one should mistake this space for a crystal ball. 🙂


  3. Pete Toth says:

    True, and step in they did! But only after neutralizing that pesky Spitzer irritant.

    “But no one should mistake this space for a crystal ball.” – What for then, are financial blogs? 🙂

    Either way, I’m sure BSC is just an untied shoelace of the next shoe about to drop.

    (disclosure – I own shoes)

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