The Intelligent Investor: When Laws Twis

The Intelligent Investor: When Laws Twist Markets – WSJ.com

Another $300 million for Man U should amply equip 11 strong men, a few substitutes and some coaches to keep soccer balls flying across grassy fields in Europe. It also could enable the company’s management to disclose fewer financial details to American investors. But how this kind of IPO will create jobs in the U.S. is anybody’s guess.

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