For the legal profession, 2001 was the year that risk lost its mojo.
The swashbuckling, venture-backed, 20-something entrepreneur-savant is out. Way out. The Nasdaq tumble slammed shut the door on his exit strategy, and entombed billions of VC dollars in “pre-IPO” shares. The Blodgets and the Meekers of Wall Street — the analysts who transformed dot-com water into publicly traded wine — have been sued into silence. The nation’s sense of security crumbled on Sept. 11. Enron Corp.’s magic accounting mirrors cracked, and its shareholder equity vanished. Risk taking does not seem sexy these days.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
