Google - Who wants them to fail?

In one of the most highly anticipated IPO's in recent years, Google is apparantly ready to close bidding this Thursday and go public.

There have been all kinds of reports of the unconventional "Dutch" auction for shares. The company is using this method to give the "everyman" a chance to get shares at the closest thing to "true" market value. However, some of the large, institutional investors have shyed away from the offering because there aren't enough fees to be generated from the lower commissions Google requires them to charge.

Seems like the majority of the reports are all about how this offering is going to fail, that the stock price will immediately fall after opening, that it is hard to open a brokerage account, etc. Who knows, only time will tell. But you have to give them credit for attempting to allow everyone the ability to get in on the IPO.

We know that its much more "newsworthy" to print stories about big failures than successful ventures, so I'm sure that the current unstable economic conditions (at least thats what is mostly reported...) feeds the story to sell it to Joe Consumer.

Do your homework, make your own decision and good luck!

[read] via The New York Times.