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Royal Mail float leaves Goldman and UBS tipped into a corner

Accusations that shares were sold on the cheap leave the firms that came up with the price in a tricky position As you may have noticed, there's been a right old kerfuffle over last month's flotation of Royal Mail and the 67% of froth the market applied to the shares, which has led to claims the government cost the taxpayer billions by flogging the company on the cheap. Goldman Sachs and UBS …

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