INSIDER INVESTING ???
Interesting article from SMH
http://www.smh.com.au/business/cosy-club-and-deep-trough-for-insiders-20100819-12s0a.html
Quote
"If insider trading is wrong, how come we do not hold insider investing in the same contempt? ISS Governance Services (best known still under its RiskMetrics moniker) this week produced a ground-breaking study on the inequity of equity raisings.
Analysing the past two years and a massive $100 billion worth of capital raisings, it revealed investment banks and brokers snuffled nearly $2 billion of fees from the trough."
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