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

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To: LPS5 who wrote (10096)5/1/2002 12:00:10 AM
From: Allan C.   of 12617
 
OK, I am reaching here...

Suppose I am a representative for a civil engineering firm, and a contractor brings our company a design for a bridge. It ends up on my desk. The company will get more lucrative business from this contractor if this project is quickly approved and I will get a nice bonus, so I approve it. Then I e-mail by buddies and tell them what a POS design it was and if it stays up five years it will be a miracle. The bridge collapses and I issue an apology which, for some reason, the family of the deceased thinks is quite lame. (but I still get to keep the porshe)

The analogy is weak, I know. But people thought when they took advice from ML, they were getting professional advice. Yeah, it could be wrong, but if so it was a mistake rather than deceit. I assume when I take advice of a professional, I am paying for their honest expert opinion, not what side deal they are profiting from. (OK, I don't really assume that. I don't trust anybody)
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