Spin-In

Bapopik at AOL.COM Bapopik at AOL.COM
Tue Mar 19 00:10:59 UTC 2002


   From Christopher Byron's financial column in the NEW YORK POST, 18 March 2002, pg. 35, col. 2:

   The name for this sort of financial-world shell game is a "spin-in," and no one plays it with greater finesse than the crew at Cisco.

(Byron examines how corporate directors form a private company, and how their company buys it from them, usually for a greatly inflated price.  The corporate directors' company is not a "spin off," but a "spin in."  "Spin out," anyone?--ed.)



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