Wall Street and the SPAC Craze in 50 Seconds

Mar.08 — Special purpose acquisition companies have raised $156 billion in the past 15 months. But are SPACs transforming the way finance gets done, or are they a sign of market mania spiraling out of control? JPMorgan CEO Jamie Dimon, Social Capital Founder Chamath Palihapitiya and Moelis & Co. CEO Ken Moelis comment on the SPAC craze.

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