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Author: Gordogato Big red star, 1000 posts Old School Fool Ticker Guide Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 2247  
Subject: Analyst Shunned After Taking a Stand for Ethics Date: 1/15/2014 11:53 AM
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Analyst shunned after knocking Apple, Amazon for ethics
http://www.marketwatch.com/story/analyst-shunned-after-knock...

It’s never a good idea to go on CNBC and point out even just a few tiny flaws in our wonderful capitalist system.

Equity research analyst Ronnie Moas tried this last week, and here’s happened: The show’s host insinuated he was having a nervous breakdown; He received anonymous death threats; He lost tens of thousands of dollars in business as some clients became outraged and dropped his service; He got pasted with labels and trash-talked in the media. [...]

He has simply reached a point where he can no longer take the ever-widening gap between the rich and poor and all the exploitation that comes with it. He is sick of people valuing money and objects over human beings. He is sick of large corporations that grossly underpay their workers and sometimes even poison their customers.

To justify blatant and destructive selfishness by calling it capitalism is absurd. So he spoke up.

He made his point by putting out a research note that blacklisted three companies — Apple, Amazon and Phillip Morris — on “moral and ethical grounds.”
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