Dec
27
Obscure Corner of Wall St. Draws Skepticism From Investors
By
Business development companies have little public awareness and cater to a market that big banks have retreated from since the financial crisis. CreditSam Hodgson for The New York Times
Most companies listed on American stock exchanges are conventional, familiar businesses like Apple or Exxon Mobil, but the stock market also contains many obscure, even mysterious, specialized sectors that operate with much less public awareness.
In recent months, one of those groups of specialty firms has been drawing attention as controversy has increased over some of its tactics and results…
Obscure Corner of Wall St. Draws Skepticism From Investors
