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News Focus
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Tantalus747

09/20/02 12:00 AM

#27314 RE: kevinmark #27311

How many bulls were there for a different opinion? Or was it solid bears?

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sarai

09/20/02 1:56 AM

#27341 RE: kevinmark #27311

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.