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Pastimes : CNBC -- critique.
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To: Ted David who wrote (8218)7/24/2001 7:48:53 PM
From: Joseph Beltran  Read Replies (4) of 17683
 
Ted,

With all due respect, how can you let that new merril v.p. just get up there on national t.v. and boldly claim that there are "no problems" with merril's analysts credibility?
That's exactly the attitude that merril analysts took when they came on cnbc and boldly hyped their stocks with your network's blessing. There is a problem: the problem is that analysts at these brokerages have an implicit and explicit conflict of interest which cannot be reconciled or dealt with by the candy-coated measures that the brokerages are trying to sell the public on. How you can possibly let him get away with saying that blodgett didn't do anything wrong???!!!!!!!! You cannot waste opportunities like that to eductae the public. The scoundrel deserves to be cross-examined with toughness, otherwise they will continued to defraud the public.
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