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‘Hey, Hey, Money Maker’: Inside the $156 Billion SPAC Bubble
So far in 2021, 226 SPACs have raised almost $73 billion, with SPACs making up more than 70% of the IPO market.
08 Mar 2021, 06:42 PM IST i

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(Bloomberg) -- Whenever greed meets reality and giddy markets collapse, Wall Street pros usually admit that they sensed the end was coming. The warning signs were so familiar, they belatedly confess, that it was difficult to believe anyone could miss them. The chain of fools was running out.

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