Fundsters interested in the independent broker-dealer channel may want to take a look at the
Wall Street Journal's "Deal Journal." Yesterday Lynn Cowan
penned an article weighing the $470 million IPO deal of
LPL and the mega $15.8 billion offering from General Motors.
The WSJ's verdict was that LPL executives "got the last laugh," despite losing the spotlight to GM, as LPL's shares climbed 7.2 percent by market close and GM's rose only 3.6 percent.
For more on the Boston and San Diego-based indie B-D's IPO, see
The MFWire's coverage yesterday
here and
here. 
Edited by:
Neil Anderson, Managing Editor
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