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Re: kevinmark post# 27311

Friday, 09/20/2002 1:56:32 AM

Friday, September 20, 2002 1:56:32 AM

Post# of 704049
Don't be too quick to load the boat!....

Also in tomorrows papers, the WSJ:

THE NASD PLANS TO FILE administrative securities-fraud charges against Salomon Smith Barney and its former telecom analyst Jack Grubman. The charges would stem from the firm's positive research reports on Winstar, a telecom company and Salomon investment-banking client that filed for bankruptcy-law protection last year.

The National Association of Securities Dealers said it is investigating a widespread but controversial banking practice in which loans to companies are made only if the borrowers agree to give the lender lucrative, fee-generating investment-banking business.


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