Wall Street and the SPAC Craze in 50 Seconds

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Mar.08 -- Special purpose acquisition companies have raised $156 billion in the past 15 months. But are SPACs transforming the way finance gets done, or are they a sign of market mania spiraling out of control? JPMorgan CEO Jamie Dimon, Social Capital Founder Chamath Palihapitiya and Moelis & Co. CEO Ken Moelis comment on the SPAC craze.
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People think Chamath is for the people. He's just like everyone else. He's for himself, just like most. He's just richer. He has a platform and knows how to use it.

MrSupergibs
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I love SPACS, think it's a good thing for retail investors. But Chamath sold all his $SPCE holdings lool.

thetagang
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Powell better do something soon for NASDAQ or I'm withdrawing everything from the stock market!!!

mrpmj
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