A Quote by Alex Berenson

While Wall Street firms typically underwrite offerings in teams, the lead underwriter, or manager, of the offering has primary responsibility for selling the offering and reaps much of the fees and profit.

Alex Berenson

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Fees Lead Manager Much Offering Primary Profit Responsibility Selling Street Teams Wall Wall Street While

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Alex Berenson
American - Author
Born: January 6, 1973

Brokerage firms and their executives cannot use threats regarding research activities as a way to obtain investment banking business. The threat to drop research coverage if Piper were not selected as the lead underwriter for a secondary offering was totally inappropriate and undermines the integrity of the market.

Mary Schapiro

The biggest profit center for investment banks is the hefty fees they charge for underwriting stock offerings and giving financial advice, and analysts put those profits at risk if they publish negative conclusions about the companies that pay the fees.

Alex Berenson

How precious a book is in light of the offering, in the light of the one who has the privilege of this offering. The library tells you of this offering.

Louis Kahn

How precious a book is in light of the offering, in the light of the one who has the privilege of this offering. The library tells you of this offering

Louis Kahn

I don't run a non-profit. There are lots of non-profits in America - in Detroit, parts of Wall Street, etc. I run a not for profit. We're a business. The only difference is that instead of selling soap or sneakers, we sell hope and leadership.

Nancy Lublin

Overall, while the Rovi entertainment store is a nice stand-alone offering, more importantly, however, it is also a part of our total customer solution, fitting in now with our data and TotalGuide offerings.

Alfred Amoroso

Wall Street is at best ambivalent. The size of the accounts is nothing big. How many Wall Street firms do you know that are running after people with $5,000 accounts?

Robert Pozen

All roads lead to Wall Street, but we feel the effects of Wall Street on every street corner. Certainly in Syracuse, N.Y., where I live.

Dana Spiotta

Every Christian is a priest, not offering a sacrifice for sins - since that has been done once and for all - but offering his person, praise and possessions.

Vance Havner

The dirty little secret of what used to be known as Wall Street securities firms-Goldman Sachs, Morgan Stanley, Merrill Lynch, Lehman Brothers, and Bear Stearns-was that every one of them funded their business in this way to varying degress, and every one of them was always just twenty-four hours away from a funding crisis. The key to day-to-day survival was the skill with which Wall Street executives managed their firms' ongoing reputation in the marketplace.

William D. Cohan

As the Nasdaq soared in 1999 and early 2000, demand for many offerings far exceeded the supply of shares available at the initial offering price.

Alex Berenson

While no one wishes to incur losses, you couldn't prove it from an examination of the behavior of most investors and speculators. The speculative urge that lies within most of us is strong; the prospect of a free lunch can be compelling, especially when others have already seemingly partaken. It can be hard to concentrate on potential losses while others are greedily reaching for gains and your broker is on the phone offering shares in the latest "hot" initial public offering. Yet the avoidance of loss is the surest way to ensure a profitable outcome.

Seth Klarman

By incentivizing Wall Street players to sniff out inefficient or corrupt companies and bet against them, short-selling acts as a sort of policing system; legal short-sellers have been instrumental in helping expose firms like Enron and WorldCom.

Matt Taibbi

People go to work at Wall Street firms to make a lot of money. They may not love what they are doing, but the punishing hours and travel are incredibly well-compensated. By contrast, the engineers at technology firms do believe that they can change how we all live.

Richard Edelman

Enacted in 1994, the first of the MSRB rules bars employees of firms that underwrite state and municipal bonds from donating to any official seeking federal office who has any role in giving business to bond firms.

Steve Kornacki

Every age, race, socio-economic background of men are 'johns.' It's a little more complicated who's doing the selling. The truth is that the average street pimp selling American girls is often a man of color, however, Mexican pimps are selling Mexican girls, Russian men are selling Russian girls etc. Those who profit off the sex industry overall are not the ones who are standing out on the street. They're the owners of massage parlors, escort agencies, strip clubs, and brothels.

Rachel Lloyd

A Quote by Alex Berenson

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