Screwed again

MANIFESTO

While I certainly don't plan to have a dog in this fight, I can't help but be struck by the fact that even though the upcoming GM IPO is the largest in history,

Trading shops like E*Trade, TD Ameritrade and Charles Schwab aren't getting access to the GM public offering, expected to occur next week. Despite 35 underwriters and at least 365 million shares, there isn't enough to distribute to online brokers that cater to small, retail investors.

It's situations like this that have made the Obama Wall Street reform package legitimate, which, of course, the plutocratic Republicans can't hate enough.