General requirements for dealers IPO will provide loans to banks
Integrated foreign coverage, according to Morgan Stanley (Morgan Stanley) Chairman John Mack6-7, that the interest of the General Motors IPO underwriter of the banking institutions are general requirements for loan, and this condition is common IPO underwriter to choose one of negotiate the necessary procedures.
The Insider recently revealed that the present General and Washington United States Treasury Department and the Goldman Sachs Group Inc (Goldman Sachs Group. ), And United States Bank (Bank of America Corp. ), Citigroup (Citigroup Inc. ), Morgan (JPMorgan Chase Co.) And Morgan Stanley (Morgan Stanley) in contact, and select one as universal underwriters of IPO.
Professional analysis, generic IPO May 2008 market crash since the profit of the largest deal, Wall Street banks are drooling, hope was selected as underwriter. So GM is most likely would like to take this opportunity and the Bank to carry out a transaction "interests." (Jennifer Jiang)