Book Building Exercise
It would be difficult to believe that major business leaders would make large investments without properly thinking through the process of investments. It is also inappropriate to believe that big businesses do not need any help from government in developing the infrastructure they need to continue doing business. While the decision making is normal the moral policing are looking at the market dynamics rather than the decision making of the policy makers. If the government starts to contend that book building can be done without quid pro quo then there will never be big businesses and never be start-up businesses with any potential.