Leosghost - 10:39 pm on Jun 2, 2011 (gmt 0)
Brokers will get paid whether it tanks or soars ..and the vast majority of investors won't be individuals using their own money..but investment houses and insurance companies and pension funds ..using yours and yours..
Interesting that the NYT piece is considered to be a long article ( I've seen longer posts here.."word count" ) and they had far funnier copy ..creative writing teachers are not what they used to be ..
Must be why Groupon sticks to just offering money off pizza and burgers in Europe.."money off ( insert whatever ) near you"..in various languages..and still they get very very few takers here..
Presumably the reduced IPO price is because they are running coupons..