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When a Company Like Facebook Goes Public

Does the Facebook price saga indicate that individual investors should shy away from IPOs? Not necessarily. “For the most part, IPOs are usually underpriced. They tend to perform well in the first year of public trading,” says Shawn D. Baldwin, chairman and CEO of Capital Management Group, a boutique investment bank and research advisory firm in Chicago. Baldwin’s firm has participated in more than $68 billion in underwritings, including success stories such as Google, in which CMG was a co-manager.

Transcript: Obama’s Congressional Address

Transcript: Obama’s Congressional Address

Remarks of President Barack Obama’s Address to Joint Session of Congress Madame Speaker, Mr. Vice President, Members of Congress, and the First Lady of the United States: I’ve come here...

Working Together

Lightning can strike the same place twice. Unfortunately, the Lessanu family knows this firsthand. In August 2002, Dawit, an IT professional at Booz-Allen Hamilton, was out of work. This August,...

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