The IPO Buzz: Riding Out the Storm
If at first you don’t succeed, try, try again, as the saying goes. And that is exactly what bankers are planning on for this week’s IPO calendar. Last week’s only deal, Fluidigm, didn’t get out the door –- due to a financial storm that raged beyond anyone’s control. (Washington’s now weighing a $700 billion bailout to take bad mortgage debt off banks’ hands, after the feds rescued AIG, let Lehman Brothers file for bankruptcy, and all but held the shotgun so Merrill Lynch would get hitched to Bank of America.)