A forum for discussing financial economics, structured finance and investment management
Tuesday, February 26, 2008
Visa going public
Visa is moving ahead with its plans to sell $17.1 billion to $18.8 billion worth of stock late next month. It would be the biggest IPO offering in US history. Since going public in May 2006, Visa's smaller rival MasterCard has risen 408% and has a market value of $26 billion.
I'm a veteran of two careers - high school math and physics teacher, retirement consulting actuary - who is now enjoying the pleasure of staying at home for my daughter. (My avatar is in honor of Will Durant, whom I consider the last true sage.)
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