SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Paint The Table
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Pitera who wrote (19643)3/14/2002 11:06:01 PM
From: jcky  Read Replies (1) of 23786
 
< Anyone who says that the brokerage firms are not downgrading at least as much as they are upgrading has not been paying attention, imo. plenty of downgrades. >

Huh, John... that's only because impartial observers have been saying for years that the brokerage firm are no more than investing banking whores. During one survey in 2000, over 97% of analysts' recommendations were buys. Now, you're telling me that 97 percent of all equities are worth buying? Fat chance.

So yes, there have been some more downgrades recently. But it's only because the brokerage firms now realize that if they don't clean house themselves (Chinese Wall, my ass) then Congress will step in and do the dirty work for them. The indictment of Andersen today by the Justice Department should sent a very clear message to corporations that investors are pretty pissed and looking for blood. No more looking the other way for white collar criminals so that they can support their Hampton summer homes.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News