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To: Glenn D. Rudolph who wrote (145654)8/18/2002 10:04:36 AM
From: Bob Kim  Respond to of 164684
 
Would that be similar to a Blodget scenerio with Merrill?

Glenn,

Sort of, although in Grubman's case there doesn't seem to be a voluntary admission that his ratings were intentionally deceptive. In Blodget's case, he volunteered to the Washington Post that he put "buys" on "pieces of <shit>" and despite that incriminating admission, his firm did nothing except praise the integrity and quality of his work.


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