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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments
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To: Kevin Podsiadlik who wrote (14938)3/8/2001 1:02:14 PM
From: Ben Wa   of 18998
 
Prudential just 2 weeks ago canned its investment banking staff. That freed their analysts to say what they really think about stocks under coverage. The first "new" research report was a sell rec on Amazon. Today, they put sells on many bank stocks. Given the arbitration that Henry Blodgett is involved with, if I were the plaintiff against Blodgett, I would be interested in data on this major change at Prudential. Similarly, the move at Prudential is worthy of a story on a TV show like 60 Minutes.
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