Novas medidas do Governo pressionam contas em 0,6% do PIB

[Bowie]

Provavelmente é mais um a ter que abrir uma conta ao sobrinho.


Uma abraço

[Pata-Hari]

É normal que o cramer o defenda, também tem uns telhaditos de vidro, né?

[Ulisses Pereira]

"Blodget, Grubman Got Off Easy"

By James J. Cramer
04/28/2003 10:31 AM EDT


"Under Wall Street's settlement, Henry Blodget's barred for life. Jack Grubman's barred for life.

Barred from what? From telling us about stocks? Did we need the securities business to bar them? Would anyone in heaven's name ever hire them? Would anyone ever listen to them anymore?


These bans for life sound so tough, so harsh and damning. But they are totally meaningless. In fact, I wish that both of these guys could stay in the game so we could hold them up as jokers.

What we need, of course, are rules that forbid other analysts from doing what Blodget and Grubman did -- and we don't have them.

Grubman served as a de facto CEO of companies he followed and refused to criticize any of his companies if he did business with them. Blodget refused to stand up to the investment bankers who pressured him. I still don't see how that's been stopped by this settlement. Who do you blow the whistle to? Sandy Weill? Stanley O'Neil? Those guys, to my knowledge, still don't think they did anything wrong.

Blodget basically gave up his biggest year's bonus. Grubman gave up about a quarter of his biggest year's bonus. And they can't talk stocks anymore.

To me, they got off real easy. So did the whole industry.

They should stop their grousing and move on. "

(in www.realmoney.com)

[Ulisses Pereira]

Blodget, um analista que ficou famoso durante o "bull market" com as suas previsões optimistas para as "netstocks" (Recordo que Blodget virou "guru" na sua histórica previsão de que a Amazon iria aos 100 dólares, o que veio a suceder), foi condenado a nunca mais exercer funções em Wall Street.

Segundo o que vi agora na CNBC, Blodget foi acusado de divulgar "price targets" e relatórios optimistas em que nem ele próprio acreditava de forma a sair beneficiado em IPO`s e outros relacionamentos com as empresas em causa.

A ascenção e queda de um mito...