Podcast: The SPACtacular boom changing global finance

This week: could transform investing—but are they a useful innovation, a mania, or both?

SPACs are Wall Street’s latest craze, attracting everyone from celebrities to retail investors. An alternative to the , SPACs could transform tech investing and supercharge innovation. They are even shaping the post-Brexit battle to be Europe’s financial capital. But are these “blank-cheque firms” a mania, a useful innovation, or both? Simon Long hosts. Runtime: 26 min

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