Rewriting History - USC FBE Finance Seminar - (F_2-15-07_MALLOY-...

Rewriting History * † Alexander Ljungqvist Christopher Malloy Stern School of Business London Business School New York University and CEPRFelicia Marston McIntire School of CommerceUniversity of VirginiaFebruary 11, 2007* Thanks for helpful comments go to Viral Acharya, Nick Barberis, Brad Barber, Larry Brown, Lauren Cohen, Jennifer Juergens, Jay Ritter, and Kent Womack, and to seminar participants at the U.S. Securities and Exchange Commission, the 2006 UNC-Duke Corpora