With everyone poring over the big Facebook IPO filing, it’s worth reviewing the mechanism by which a private company goes public via an initial public offering, and the difference between primary and secondary markets. On to the whiteboard! Marketplace’s Paddy Hirsch is quite obviously the man for the job, with a little help from three little pigs:
We have now come to recognize that inflation – the first derivative of prices – may be above the Federal Reserve’s 2% target for some time. Hoping for a quick reversion to stable prices is largely futile, so instead we are focusing more on whether inflation is slowing.
Since June 24th, the Russell 2000 is up 6.1%!
Setting the financial crisis to music – from the FT’s Frederick Studeman and Julian Anderson, composer in residence at the London Philharmonic […]
The 3,000 residents of the western Indian town of Shani Shinganapur follow a Hindu faith that prohibits doors on their homes, as […]
