A US IPO? It's Not as Daft as It Sounds

Bloomberg BusinessWeek--If you were ask the average American to invest in the U.S. Postal Service, you would get a puzzled response. After all, the USPS lost $15.9 billion last year. Taking an equity stake in such a business would probably strike most people as a sure way to diminish one's net worth.
Then again, it might be quite lucrative. Consider the outcome of the highly anticipated initial public offering of the Royal Mail (RMG:LN) on Friday in the U.K. Investors were so hungry for shares of the 360-year-old postal service that the stock price rose 38 percent on the first day. Read more!