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To: sandintoes who wrote (27134)5/22/2002 10:44:24 PM
From: levy  Read Replies (2) | Respond to of 28311
 
Sandintoes quoted?????..what is the world coming too?

here is what forbes says about the spitzer deal with merrill

"The agreement also lets Merrill off the hook in two important ways. First, it does not require that Merrill admit to any wrongdoing. This aspect, though it may have been expected, means that the agreement cannot easily be used by investors who are seeking to recover losses they claim were caused by biased research reports.

But more important--and less noticed--is that the attorney general has agreed to "maintain the confidentiality" of Merrill's documents. This provision may be standard, too. But its clear intent is to force any investor who thinks he has a claim to start over and generate his own evidence. "

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