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To: Investor Clouseau who wrote (1896)3/2/2001 6:25:59 PM
From: Investor Clouseau  Read Replies (1) | Respond to of 2005
 
Looks like I was prescient;

To:nolimitz who wrote (93905)
From: Investor Clouseau Thursday, Apr 6, 2000 3:19 PM
Respond to of 107952

It won't be happening much longer IMO. When people start losing money after buying on a recommendation, they'll recoup their money by lawsuit.
This is the country where a private pilot drinks a bottle of bourbon, gets in his plane, kills himself, family wins lawsuit against company because plane wasn't safe to fly while drunk. Women spills hot coffee on herself, sues and wins because the coffee was too hot. Woman who started smoking after the warning's were posted on cigarette packs, gets cancer, sues and wins.

IMO lawsuits against the institutions are right around the corner. Just need some big losses by some big clients.

IC