The greatest shock to my idea of fairness in the world was when I learned that banks could deposit money in the federal reserve and get a guaranteed by law interest rate of 6 percent. Heads, market&#x27;s good and banks lend money and make money. Tails, market&#x27;s bad, banks put money in the fed and make money.<p>Not surprised that it is a similar heads-i-win-tails-you-lose situation with IPOs. The House always wins.