Analyzing the SPAC Boom: Insider Profits and Investor Losses

Abstract: This research article delves into the phenomenon of Special Purpose Acquisition Companies (SPACs) and their impact on investors and company insiders. By analyzing insider trading disclosures and Securities and Exchange Commission filings, we examine the extent of insider profits and subsequent investor losses within the SPAC market. Our findings reveal that executives and early

Repo 105 and Lehman Brothers

Lehman Brothers’ use of Repo 105 is a cautionary tale of the dangers of opaque financial instruments and the importance of transparency and accountability in the financial industry. The controversy surrounding the use of this instrument played a significant role in the collapse of Lehman Brothers and the subsequent global financial crisis. While regulations have