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M.D. Fatwa

But but but... the latest IPO figures say New York has just surpassed London for the first time in 3 years in IPO valuations. (On the number of deals, who besides the exchanges care? On that metric, Mumbai beats everybody.) Given the weakness of the dollar, NY has to be doing something extraordinarily right just to remain in the game, let alone winning a round.

M. Hodak

I read that WSJ passage wondering if what happened in the real world made any difference to the folks in Washington. They get their view of the world from the people who sit in front of them at committee hearings, which people are the product of a highly biased selection.

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