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Non-Tech : Auric Goldfinger's Short List

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To: patron_anejo_por_favor who wrote (9617)4/10/2002 11:34:28 AM
From: Bob Kim   of 19428
 
<<I guess they could use this as prima facie evidence that their "Chinese Wall" was intact, and that the equity analyst was truly quarantined from the investment bank operation.>>

I commented on this back in June:

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"Mr. Blodget had no idea his own firm had pitched its investment-banking expertise to GoTo.com (www.goto.com ) when he issued his latest report and recommendation, Merrill says.

I'm pretty certain he knew something was up. He may not have known exactly what, but the typical approval delays that accompany research for stocks with potential deal exposure would have tipped him off that something was potentially in the works. Additionally, intraday downgrades are not that common, especially for him."

Message 15939703

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Based on the affidavit, I would lean toward the position that Blodget had a very good idea what was happening.
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