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...

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Bibliographic Details
Other Authors: Pelley, Scott, 1957- (Interviewer), Efran, Shawn (Producer)
Format: Video
Language:English
Language Notes:In English.
Published: New York, NY : Columbia Broadcasting System (CBS), 2002.
Series:60 Minutes II
Subjects:
Online Access:Connect to this streaming video (Alexander Street Press)
Description
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.
Physical Description:1 online resource (14 minutes)
Playing Time:00:13:27