NASDAQ

Dot-Com Bubble Peaks, Exposes IPO Fraud and Analyst Conflicts

2000-03-10 00:00:00 +0000 UTC | Importance: 9/10

The NASDAQ Composite stock market index peaks at 5,048.62 on Friday, March 10, 2000, marking the height of the dot-com bubble before collapsing 78% to 1,114 by October 2002, erasing all gains made during the bubble. Between 1995 and the March 2000 peak, NASDAQ investments rise 600% in what becomes …

Investment Banks Securities Analysts Securities and Exchange Commission (SEC) NASDAQ Venture Capitalists +1 more deregulation regulatory-capture securities-fraud analyst-conflicts irrational-exuberance +2 more

Wackenhut Corrections (Later GEO Group) Goes Public on NASDAQ, Second Major Private Prison Company Enters Wall Street

1994-07-01 00:00:00 +0000 UTC | Importance: 8/10

Wackenhut Corrections Corporation (WCC) launches its initial public offering on NASDAQ, selling 2.2 million shares and becoming the second major private prison company to go public. Founded in 1984 by George C. Zoley as a division of The Wackenhut Corporation security firm, WCC establishes itself as …

Wackenhut Corrections Corporation (WCC) GEO Group George C. Zoley The Wackenhut Corporation NASDAQ private-prison prison-industrial-complex wall-street mass-incarceration financial-capture

Corrections Corporation of America Goes Public on NASDAQ at $9 Per Share, Wall Street Bets on Mass Incarceration

1986-10-01 00:00:00 +0000 UTC | Importance: 8/10

Corrections Corporation of America (CCA) launches its initial public offering on NASDAQ under the symbol CCAX, selling 2 million shares at $9 per share and raising $18 million to fund expansion. Despite struggling for profitability in its first three years, the company convinces Wall Street …

Corrections Corporation of America (CCA) Thomas W. Beasley NASDAQ Vanderbilt University Law School Jack C. Massey private-prison prison-industrial-complex wall-street mass-incarceration institutional-investment +1 more