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Here's a collection of some contrary perspectives: http://www.consumerfed.org/news/473 http://www.consumerfed.org/news/473 , http://boss.blogs.nytimes.com/2012/
by gammarator 15y ago
Here's a collection of some contrary perspectives: http://www.consumerfed.org/news/473 http://www.consumerfed.org/news/473 , http://boss.blogs.nytimes.com/2012/03/13/in-latest-jobs-bill-a-billion-dollar-business-is-now-small/ http://boss.blogs.nytimes.com/2012/03/13/in-latest-jobs-bill...
The legislation will certainly be good for founders and investors trying to take companies public, as well as the Wall Street banks which will underwrite them.
My concern is that gutting investor (self-)protections will bring in a flood of dumb money, with all the market distortions that creates.
- cageface 15y agoMy concern is that gutting investor (self-)protections will bring in a flood of dumb money, with all the market distortions that creates. That seems to be happening already, perhaps because there's no where else for investment to go right now.