I hope to god "investors" don't fall for the "blockbuster" IPO of SPCX.
Remember in 2008 when Standard and Poors was giving AAA ratings to junk CDOs at the investment banks behest?
SPCX isn't going to collapse the global financial markets, but the exact same shady rules changes and suspect IPO structure reeks of banks trying to pull the wool over retail's eyes.
Remember in 2008 when Standard and Poors was giving AAA ratings to junk CDOs at the investment banks behest?
SPCX isn't going to collapse the global financial markets, but the exact same shady rules changes and suspect IPO structure reeks of banks trying to pull the wool over retail's eyes.