Still trust analyst reports?

In Financial competency on 23/12/2014 at 1:18 pm

As someone I know wrote in FT recently, the worrying thing is that the u/m only happened seven yrs after the banks promised to clean up theur act.

10 Wall Street Firms Fined Over Conflicts in Toys ‘R’ Us I.P.O. The Financial Industry Regulatory Authority fined the 10 firms $43.5 million, saying they implicitly or explicitly offered favorable research coverage in return for a role in a planned I.P.O. of Toys “R” Us.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: