David Weild knows a little something about our capital markets. He was previously Vice Chairman of Nasdaq and now runs his own firm, Capital Markets Advisory. He is also a senior advisor To Grant Thornton. David and his partner, Ed Kim, have written extensively about how there has been an IPO crisis going on in this country for the past few years (check out their latest paper here http://www.gt.com/staticfiles//GTCom/Public%20companies%20and%20capital%20markets/Files/IPO%20crisis%20-%20June%202010%20-%20FINAL.pdf). Below is a letter to the editor that David wrote to the FT today. We couldn’t agree more with him.
Equity market structure caters to interests of the few
Published: August 30
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