Out of Bill Ackman’s SPAC woes comes innovation
The world’s largest-ever SPAC might give way instead to a SPARC
IN THE CLASSIC 1980s arcade game, Pac-Man is pursued by killer ghosts as he attempts to achieve his goal of gobbling up little dots. These colourful ghosts have various tactics to scupper Pac-Man: “Blinky” (the red one) gives chase; “Pinky” and “Inky” (the pink and the blue spooks) obstruct his path and attempt to corner him.
This article appeared in the Finance & economics section of the print edition under the headline “Bright SPARC”
Finance & economics August 28th 2021
- The new Powell doctrine
- Ending pandemic unemployment aid has not yielded extra jobs—yet
- Out of Bill Ackman’s SPAC woes comes innovation
- Russia cultivates alternatives to Western financial firms
- Trading in Japanese government bonds is drying up. Does that matter?
- Xi Jinping’s talk of “common prosperity” spooks the prosperous
From the August 28th 2021 edition
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