| Abstrakt: |
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. |
