Is 'First Normandy' a company here? He noted First Normandy was IPO’d by Salomon Brothers even though he and Munger were on the board and told them First Normandy’s record was complete baloney. The IPO was cancelled a day after the public offering. Salomon’s only explanation of this embarrassment was that the underwriting committee approved it.
Oct 29, 2018 2:40 AM
Answers · 2
It was a company.
October 29, 2018
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