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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TFF who wrote (10057)4/29/2002 6:02:00 PM
From: TFF  Read Replies (1) of 12617
 
Speaking of Merrill PR machine........

I see Komansky was front and center @ 4 pm on CNBC. He didn't look like a happy camper. Especially when Maria squeezed him on the 10 bil mkt cap loss and the speculation surrounding the estimated 2 bil+ cost to Merrill.

He did say an agreement on reforms/monetary penalties between Merrill and the SEC/NASD/NY AG was forthcoming in the next 2 weeks.

Should be interesting...of course then they'll be waiting on the tsunami of class action lawsuits.

imho
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