Description: In 1984, Eric Dobkin was working for Goldman Sachs (GS), selling stocks to professional money managers, when he was handed an assignment: The bank ranked a lowly ninth in underwriting new stock offerings. Fix it.
Source: Businessweek.com
Date: May 15, 2014
Link: http://www.businessweek.com/articles/2014-05-15/eric-dobkin-father-of-the-modern-ipo#r=hpt-ls
Questions for discussion:
- Summarize the way IPOs are handled today, according to the article.
- Evaluate the issues and complaints surrounding this method?
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