Thursday, August 20, 2020

If it ain't broke

Wall Street Journal,  reporting on the perfect segue from Paul Ryan's vacuous "deficit hawk" political career:

Paul Ryan, the consummate Washington negotiator, is trying his hand at another kind of deal making, jumping into the rush on Wall Street toward blank-check acquisition companies.

The former House speaker will serve as chairman of a vehicle known as Executive Network Partnering Corp., which will seek to raise roughly $300 million in an initial public offering, people familiar with the deal said. That figure is subject to change based on demand. 

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