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To: Timetobuy who wrote (10540)4/26/2002 12:26:35 AM
From: BWAC  Read Replies (1) | Respond to of 17683
 
Why don't they just stop the whole charade? Acknowledge the fact that Analysts are bought and paid for PIMPS, pimping out free info to the gullible public so their Broker Pimp Trading Floor operation can trade against it or with it depending on the theft plan of the day.

They can start a whore new segment. Call it "Squawk the Pimp" hosted by the Three Stooges. With Minnie Mouse and the Ferret and Hey Abbott! Costello.



To: Timetobuy who wrote (10540)4/26/2002 6:43:14 AM
From: agent99  Read Replies (1) | Respond to of 17683
 
They don't ask if they have any positions in competitors that might move in sympathy either nor whether they are trying to get banking business.

Good point. They SHOULD be asking those questions. And the disclosures should be at the beginning of the interview, not at the end where they usually ask the disclosure questions. Providing that information right up front would give listeners the opportunity to listen with an even more critical ear to the story. I recall a few weeks ago when they interviewed an analyst right after the Bill Gross/GE brouhaha that the analyst had very positive comments about GE, then at the very end he disclosed that his firm was the underwriter for a recent issue. Kind of made the entire interview suspect, and it would have been useful to know of the bias at the outset.

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