spinning
n.— «Westly’s personal fortune also has proved something of a campaign liability. He has been criticized for engaging in a practice known as “spinning,” in which investment banks gave high-tech executives special access to initial public offerings to get their banking business later.» —“ Westly says Schwarzenegger has been inconsistent” by Laura Kurtzman in Sacramento Mercury-News (San Jose, California) Apr. 11, 2006. (source: Double-Tongued Dictionary)
Further reading
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