Posts Tagged ‘Economic rents’
Fundamental Shifts - Friday, February 8, 2008 15:22 - Comments
Bankers’ cut on YHOO-MSFT deal
From Marketwatch:
The four advisers, Goldman Sachs, Lehman Brothers, Morgan Stanley and Blackstone, stand to make as much as $1.3 billion between them, analysts and experts said.
Even if the dynamics leading to these rip-offs are well understood (financing need, litigation protection for the boards, etc.), this just reinforces Umair’s point. But consider the irony here: Continue…
by Julien Le Nestour