The Wall Street Journal has several articles about “spinning”, where companies in charge of selling shares in an IPO will allocate those shares to executives in other firms, hoping to get new business. An older article is available at the following URL, as this week’s article requires a password.
http://blogs.wsj.com/deals/2009/10/01/a-new-look-at-an-old-trick-ipo-spinning/
Think back through class, what ethical issues would be present? What are the connections to concepts and cases we have reviewed?
