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by dhnajsjdnd 1963 days ago
Wall Street underwriters are making tons of money on SPACs: https://www.wsj.com/articles/spacs-rescued-wall-street-from-...
1 comments

That is a good point but this is temporary. SPAC lords will reduce these margins soon enough. It is in their direct incentive to do so. This is a speculative assertion by me (one that I'm quite confident about), but I'm not sure one can be certain about the future