Jaggia, Sanjiv; Thosar, Satish - In: Journal of Financial Transformation 28 (2010), pp. 8-11
We examine a claim in the popular press that Goldman Sachs Inc was largely responsible for causing and profiting from various financial crises over the years. We revisit our sample of high-tech IPOs launched during the dotcom bubble of the late 1990s. We find that based on the aftermarket price...