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To: megazoo who wrote (180669)	7/17/2002 10:48:13 AM
From: Knighty Tin	Respond to of 436258

The SEC looks about to make another pass at their books, and this time they will send agents who can add numbers columns without getting a migraine. Also, Goldman Sucks decided that the $50 million in fees that LieCo paid them could not buy an opinion any more, so they are no longer issuing research opinions, though they will offer research. Say, what?! I'm sure that's happened before in history, but it seems an odd move to me. The fund managers and hedgies who bought into GS opinions at the highs are screaming betrayal. But it's no such thing. There is just a weaker link in every chain and Goldman broke first because it's the broker. Makes sense to me. <g>