Promoters, meanwhile, were pumping over-the-counter "blind-pool" stock offerings.
It means that there are more buyers who can run Facebook stock farther compared to the potential buyer pool for Apple stock.
But when prospective sellers, including German Prince Michael zu Salm-Salm, checked, they learned Shapiro had no operations, no cash reserves and a pool of private stock of unpersuasive value, says Bowthorpe.
He expanded the bonus pool, created a stock-option plan and goaded the Swiss unions into accepting performance-based incentives even for entry-level workers.
As the deal's so-called stabilizing agent, Morgan Stanley could support the stock through a pool of Facebook shares known as an overallotment.
In one e-mail exchange, a Goldman banker invites colleagues to join in a betting pool on how much Archipelago's stock would jump the day the deal got announced.
If I had to make a prediction, I think that sales are going to be slightly depressed where 4G networks are limited or not available, which is good news for US consumers because the efforts to keep the iPhone 5 in stock will have a larger pool of devices to draw from.
FORBES: Will Apple's Foreign Fans Buy The iPhone 5 Now Or Wait For LTE?
It's partly to break that spell, and partly because there comes a point in any spiral of decline when a line has to be drawn, that 25 of the country's leading wildlife and conservation groups have decided to pool the misery and publish a single, shocking stock-take of the British Countryside.
It was just taken public in a blind pool offering that allows companies, in effect, to sell stock without making the usual disclosures about their business operations.
While both sites appear to be targeting the same customer pool of some 2.5 million smalltime investors in the Malaysian stock markets, the products may be slightly different.
Housed in a former bank building, it has an indoor swimming pool and basketball court, a rooftop adventure playground overlooked by the stock exchange, a ballroom-sized auditorium on the former trading floor, and much more.
Companies outside the United States like to list on Wall Street for two main reasons: access to the large pool of American capital and the creation of a dollar-based stock that can be used to buy U.S. businesses.
FORBES: Why the world would be better off with one big stock market.
Fidelity Investments came up with the idea that a charitable pool can be offered by a brokerage firm as a convenience to people who have appreciated stock in a street name. (Its offering has been copycatted by Vanguard, Schwab and others.) But the notion of donor-advised funds is an old one, going back to the Grand Rapids Foundation and other community foundations.
India's stock markets have helped channel millions in capital to deserving entrepreneurs and have produced a huge pool of investors, both large and small.
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