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To: D.J.Smyth who wrote (164396)3/13/2001 9:49:30 AM
From: OLDTRADER  Read Replies (2) | Respond to of 176387
 
DJ SMYTH:In May Merrill was ordered to pay $750000.00 in fines to state security regulators for alleged broker abuses of 400 clients.(The reason you don't hear more about Mer's abuses is that their policy for ever has been to pay off complatants-"to NEVER" submit to arbitration/in an attempt to seek the truth"-so the broker gets a mark on his record which in many cases ( their are a lot of crooked clients as well in this world) which is unjustified but at the expense of keeping with MER policy and at the tremendous expense of the brokers long term record which has been sullied unnessisarily.I n short they are -you put in the word!Never buy a stock where the CHM of the Brd has to be limoed in to work because he is too fat to get through the turnstyle on the subway-.He is paid $19000000 and the little weeinie who supports him is paid big -"real big"!!- with an uncalled for salary/bonus--- money that has been ("fee"---ed0 away from MER clients as well as unwaranted high banking $$$$ MADE on THEIR many failed IPO'S!