This is the first public offering of a Senator, but expect many more to follow.
No surprise that its Goldman leading the way. They own a diversified portfolio of Senators and have a history of financial innovation.
It simply makes sense that Senators should be owned and traded using the model of a joint stock company, notes industry analyst … Share costs, risks and control. Goldman Sachs doesn’t give a fig about prison reform, they only want to own Cotton when his vote matters to their business. Ditto for Consolidated Gulags.