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Biotech / Medical : Biotech Valuation
CRSP 56.38-9.0%Nov 4 3:59 PM EST
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To: Biomaven who wrote (34316)3/31/2010 10:47:10 PM
From: Ian@SI1 Recommendation  Read Replies (2) of 52153
 
I was multitasking rather than devoting full attention to the interview. A few good points were made.

one example from Janet. SEC is guilty. Any financial advisor that didn't know the subprime derivatives were a disaster waiting to happen shouldn't be allowed to continue practicing as a financial advisor. And the SEC shouldn't have allowed these products to be sold to the public. Too many lawyers on staff, not enough quants, other skills in its staff.

Interesting and fresh perspective compared with the Wall Street cheerleaders on CNBC.
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