If you are old enough to remember what is LBO it means you were born in the 1950s or 60s! LBO is a short form of Leveraged By Out. Here a set of employees would get together and decide to buy out the shareholders. Then they would take the company public and make their $ […]

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One big time broker who is also a CA….was involved in a fraud case. He went to jail – as did his father. Father-in-law was lucky he was spared. The father told one of my friends: “I do not know what my son did in life, but thanks to him I saw the jail”. For […]

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