The Big Take
The SPAC Man Method: Inside the Billionaire Rush for Riches
As insiders have raced to push businesses into the public’s hands, they’ve employed a range of maneuvers to boost their fortunes.
Ok, here’s the play: Slip information to stock analysts, let whispers spread through the market — and watch the money grow.
Even for Howard Lutnick, a Wall Street billionaire known for sharp elbows, a move like that might sound close to the line.