no regulation and a core part of the Paterson business model. They get paid a % to do the raise, then brokerage locking in a 5-20% profit for all clients. These profits help cover the losses incurred from poor trading on the general market (very rare to see them make a right call)
Ann: Placement for $10m Closed Heavily Oversubscribed, page-31
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)