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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