Miscellaneous Items

Wall Street, They Get You Coming and Going

Remember, it is all about fees!  Wall Street says, “you must grow!  Diversify your company, add complimentary business, vertically integrate!  We will help you build your company and earn consulting fees while you do it.” 

Now Wall Street says, “you must concentrate, specialize in one thing, simply!  We will help you split up your company into tiny pieces and bring them public.  And we’ll earn fees while we do it.”

Today, ITT announced it was splitting up into three companies.