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Author:
Title:The mob on Wall Street
Journal:Business Week
1996 : DEC 16, VOL. 3438:820, p. 50-56
Index terms:FINANCE
STOCK MARKETS
CRIME
Language:eng
Abstract:In the world of multimedia components, Phoenix-based SC&T International Inc. has carved out a small but significant niche. SC&T's products have won raves in the trade press, but working capital has not always been easy to come by. So in December, 1995, the company brought in Sovereign Equity Management Corp., a Boca Raton (Fla.) brokerage, to manage an initial public offering. But there was much about Sovereign that was known to only a very few. There were, for example, the early investors, introduced by Sovereign, who had provided inventory financing for Sc&T.
SCIMA record nr: 158550
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