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Thursday, November 30, 2006

Pity the Poor Corporation

Are corporates really that poor off? They are complaining that regulation hurts them. Is that true or is it poor management. It certainly was not an unbiased group.
Most observers recognized the fact that the panel was self serving even if Glen Hubbard did not. The argument that the US share of IPO's is falling due to regulation ignores many other factors.

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