Bill Hambrecht: Billionaire’s Cash Flow Issues Have Broad Impacts

May 16, 2013

  Billionaire financier and vintner William Hambrecht’s recent pattern of behavior toward financial obligations  seems to demonstrate an unwillingness or inability to stand behind personal guarantees of loans or even to make mortgage payments on one of his prized vineyard properties that was almost sold at a foreclosure auction and still remains in jeopardy. The un-met […]

Truett-Hurst IPO Struggles With Wary Investors, Pricing, Delays

May 15, 2013

The Truett-Hurst IPO continues to struggle for traction in the public markets almost six weeks after the OpenIPO auction-style offering from W. R. Hambrecht commenced. (See Truett-Hurst, Inc. Announces Commencement Of Initial Public Offering). In the past, OpenIPO auctions have taken about two weeks and there was eager anticipation that this one would fall into […]