With 5 New SPAC Pricing Every Single Day, Matt Taibbi Slams The Latest “Get-Super-Rich-Quick” Scheme

What is are “blank-check” Special Purpose Acquisition Companies (SPAC) and why should we care? (spoiler–they are goosing the financial markets)

https://www.zerohedge.com/markets/5-new-spac-pricing-every-single-day-matt-taibbi-slams-latest-get-super-rich-quick-scheme

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

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