60 minutes II. Rigging the market /
An expose on laddering, a practice whereby investment firms, through insider agreements, cause the prices of IPO's (initial public offerings) to rise artificially high. Includes interviews with: Nicholas Maier and Blythe Berents, Wall Street insiders; Mel Weiss, an attorney representing the pla...
| Other Authors: | , |
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| Format: | Video |
| Language: | English |
| Language Notes: | In English. |
| Published: |
New York, NY :
Columbia Broadcasting System (CBS),
2002.
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| Series: | 60 Minutes II
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| Subjects: | |
| Online Access: | Connect to this streaming video (Alexander Street Press) |
| Summary: | An expose on laddering, a practice whereby investment firms, through insider agreements, cause the prices of IPO's (initial public offerings) to rise artificially high. Includes interviews with: Nicholas Maier and Blythe Berents, Wall Street insiders; Mel Weiss, an attorney representing the plaintiffs in a class-action suit against over 40 different investment banking firms; Arthur Levitt, Former Chairman, SEC; and Eliot Spitzer, New York Attorney General. |
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| Physical Description: | 1 online resource (14 minutes) |
| Playing Time: | 00:13:27 |