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The significance of the date is that, under American financial regulations Lucent is now able to use its massive equity for tax-efficient "pooled-interest" acquisitions.
That's massive equity dilution, but it's necessary.
Again, I don't think we have massive equity market bubbles in the world like we did in 2007, but we definitely have a debtor nation bubble.
Chinese-listed "A" shares of Ping An Insurance have halved in value from their October peak, in part due to plans for a massive equity issuance.
With the company's valuation so high already, he no longer has the promise of massive equity paydays to easily entice prospective new employees.
If I'm wrong and the "deeper and longer" school prevails, BAC like Citigroup sinks again, possibly below $5 a share, incurring massive equity dilution to offset upcoming losses on problem loans and investments.
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Even with the threat that automation could pose to the company's business, TaskUs had no shortage of other suitors for the massive growth equity round, according to one person familiar with the company.
He's the biggest shareholder and chairman of Bank of Oklahoma, oversees a massive private equity portfolio and makes bets on new technology to ease U.S. dependence on foreign oil, a sideline that's attracting some unwanted attention in Washington, especially given his large-scale support for President Obama (see box, p. 188).
The massive private equity investment firm The Blackstone Group paid $2.5 to Ogilvy, a sum that accounts for more than a quarter of the total lobbying revenue reported by the firm.
However, Mr Greenspan himself has argued that surging house prices and massive home-equity extraction explain the fall in America's household saving in recent years, and hence much of the increase in the current-account deficit.
"As a shareholder I'm outraged that executives really have the best of both worlds, with massive private equity-style rewards in the event of success but also strong salaries and bonuses irrespective of what happens to the business," he said.
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