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.
Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 268.79+4.6%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: etchmeister who wrote (23498)9/23/2008 11:55:15 PM
From: etchmeister  Read Replies (1) of 25522
 
Merrill to be probed?
looks like Wall Street Journal did not see the forest because of the trees;
perhaps the mood du jour will focus on commodities as well;
remember investment banks made BIG $$$$ on commodities over the last quarter- to me it looks as soon there was a hint about liquidity they rushed into crude.
Regardless of Warren B. me thinks investment banks are out and technology is is in
The Wall St. Journal's ongoing investigation into executive options backdating has already caused numerous departures of top brass from leading publicly-traded companies, with signficant impact on some stocks. Moreover, the SEC has followed in the WSJ's tracks and begun action against some companies.

Yesterday Merrill Lynch research analysts issued a report detailing their own investigation of the phenomenon. Entitled 'Options Pricing: Hindsight is 20/20', the Merrill report covers the semiconductor and semiconductor equipment companies that comprise the Philadelphia Semiconductor Index [SOX].

Jeff Matthews was quite impressed with the report:

It’s not often Wall Street Research breaks new ground or gets a leg up on investigative reporters, but hitting my email this morning is a Merrill Lynch report that appears to do just that.

According to the Merrill analysts, their 25-page report attempts to identify:
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext