Senate Democrats step up scrutiny of blank-check firms
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The letters were sent to six SPAC investors, including Cantor Fitzgerald’s Chief Executive Officer Howard Lutnick, former Citigroup banker Michael Klein, casino mogul and Houston Rockets owner Tilman Fertitta and veteran investor Chamath Palihapitiya. What tonight’s full moon means for YOUR star sign – and why… How a young woman went from quitting her corporate job,… Jules Sebastian reveals how to make sticky pork belly BITES… Professional cleaner reveals how she made a filthy bathroom…
Sept 22 (Reuters) – U.S. Senator Elizabeth Warren and three other Senate Democrats on Wednesday sent letters to some of the most prolific SPAC dealmakers, voicing concerns over reports that SPAC insiders exploit regulatory loopholes at the expense of retail investors. “We seek information about your use of SPACs in order to understand what sort of Congressional or regulatory action may be necessary to better protect investors,” Senators Elizabeth Warren, Sherrod Brown, Tina Smith and Chris Van Hollen wrote in the letters.
‘We go way back,’ said Damone Presley, 50, of 56-year-old Darren McWright, who is accused of killing his daughter Nitosha Flug-Presley and three of her friends. If you have any issues with regards to wherever and how to use casino online – https://rankvnd.com/casino-online/, you can get hold of us at our own page. ‘I wouldn’t say he was a close family friend but he was a well-known friend of the family’ ‘Four young people died,’ he said. He said he is convinced there are more than the father and son involved in the slayings of his daughter and her friends. ‘That wasn’t the work of one or two people.’ The lawmakers sought information website on how investments in SPACs were solicited, how these executives were compensated and if such compensation was tied to the stock performance of the merged entity created out of a deal between a SPAC and a private firm.
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