SEC Study

Apparently the SEC – that is the Yank version of ASIC. You know the organisation that has yet to indict, convict or even spank in a non fun boarding school way anyone responsible for the bacchanalian orgy of theft and misconduct that is Wall Street. Well these clowns have put out a study that apparently…

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IPO’s

I was sitting reviewing the farce that is both Groupon and Facebook and marvelling at the ability of markets to destroy shareholder wealth. Although it must be said that anyone who invested in either of these two thinking that they were viable businesses should take their remaining funds and invest in some serious therapy. After…

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