UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next
Author: FoolishCop Big gold star, 5000 posts Coverage Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 10413  
Subject: Re: Stock ratings Date: 10/17/2002 11:51 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 6
It seems a bit disingenuous to me for the brokerage firms to suddenly say, "OK, call off the attack dogs and we won't announce 'buy,' 'hold' or 'sell' recommendations anymore since we were obviously conflicted."

Now I don't know if what they did was exactly illegal; is it against the law to shout "buy" even if you think "sell?" I just don't know. But if it is, and that's what they were doing, then I don't see why the attack dogs should be called off. Just because they were caught red-handed and now feel remorse doesn't mean they should be excused for their prior misdeeds.

If it was illegal what they did, and it can be proved they did it, then they should be prosecuted regardless of their vows to be good in the future. They should be prosecuted and vow not to defraud anyone again.

Rich
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Apple

Apple and Ninety Years Ago
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement