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To: kemble s. matter who wrote (169301)4/15/2002 11:22:56 AM
From: Elroy  Read Replies (1) | Respond to of 176387
 
"New York State's Attorney General, Eliot Spitzer, dropped a bombshell this week when he got a court order forcing Merrill Lynch & Co. to disclose in any stock research report it publishes whether it has or is trying to get an investment banking relationship with the company it's writing about"

I don't get it. Merrill will try to get an investment banking company with any major company, as will any investment bank. All the above mandate requires is that every research report written from here on out says "We have or are trying to get an investment banking relationship with this firm".



To: kemble s. matter who wrote (169301)4/15/2002 11:26:21 AM
From: stockman_scott  Read Replies (2) | Respond to of 176387
 
Brokers May Face More Suits Amid Probe

latimes.com

<<...The brokerage industry may face a flood of legal actions from burned tech-stock investors, experts say, as a result of a New York state report alleging that Merrill Lynch & Co. analysts recommended Internet stocks to investors while at the same time privately scorning them as "junk."...>>

Kemble: Its got to be great year for lawyers...=)

regards,

-Scott