Sarb, Ox & Spitz

Jonathan Pearce at Samizdata.net:

Last year, more than 350 companies went public in Europe, selling $86 billion of stock, according to data compiled by Bloomberg. In the U.S., 235 companies raised $48 billion in IPOs. In 1999, 507 companies went public in the U.S., selling a combined $63.93 billion of stock. Not one of the 10 largest stock issues of 2006 was listed in New York.

Pearce thanks Messrs Sarbanes, Oxley and Spitzer.

Economics and Markets Posted by jk at February 21, 2007 6:37 PM