Cornerstone investors generally commit to hold large stakes for a set time, giving comfort to investors wary about a selloff after the company is listed.
The real source of uncertainty about the euro's future is not what is happening in these countries, but the failure of Germany and its European partners to commit themselves to the level of integration needed to hold the single currency together.
Other sections of the law were struck down, including warrant-less arrest of those believed to commit a deportable crime and criminalizing those without status to seek or hold employment.
We hold a set of expectations for what a healthy market should do, then before we commit capital to the market, we wait for confirmation that those expectations have been met.