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Risk Management

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Greg MacSweeney
Greg MacSweeney
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Facebook Slams IPO Door, Zombie Hedge Funds, Activist Investors Get Bold, Can't Lose Investments, and More

The destruction of the IPO market by Facebook's botched public offering, the haunting of zombie hedge funds and Wall Street's struggles to attract new IT talent are just a few of the topics people on the Street were discussing this week.
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1. Saving Face

The I.P.O. window is gone -- literally gone -- because of [the Facebook] I.P.O.

—Chris Concannon, partner, Virtu Financial (pictured at right)

Source: New York Times Dealbook

 

Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio

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