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Strategies & Market Trends : The Final Frontier - Online Remote Trading
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To: KymarFye who wrote (10067)4/28/2002 5:38:13 PM
From: Bob Kim   of 12617
 
My point was that an implicit "you shoulda known better than to trust us" might save ML's butt, but only at the cost of its longer-term credibility - ditto for the rest of 'em...

I think the only thing that might save ML's butt in the Blodget saga is a rescue by the SEC chief or a sudden grant of leniency by the NY AG. Although the SEC chief wants an industry-wide non-ML-specific resolution, questionable activities occurred, which were specific to ML's way of doing things.
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