Another boutique bank to go public

That Evercore Partners, the boutique founded by Roger Altman, is going public is not surprising news. After Greenhill & Co., Lazard and Thomas Weisel Parters showed the way, you have to wonder if all boutiques aren't at least considering it. People are already speculating about when Joseph Perella's firm will go public; it hasn't even been formally launched yet. The bigger question is how many of these issues the market can sustain. At some point, there may be a reckoning.

> Here's a New York Times article.