[Am-info] Microsoft and Merrill Lynch

[John J. Urbaniak]

John Poltorak wrote:

> On Sun, May 05, 2002 at 12:24:56PM -0400, John J. Urbaniak wrote:
>
> >
> > MSFT closed Friday at $49.50.
> >
> > Remember, Merrill Lynch is under intense scrutiny by Elliott(SP?) Spitzer
> > for what I call "analyst manipulation."
>
> Is this investigation documented anywhere?

Again, a Google search on   Spitzer Merrill   will turn up about 3,830
entries.  Take your pick.

John


>
>
> > Spitzer is the AG for New York
> > State.  He actually has e-Mails indicating that Merrill "analysts" were
> > recommending stock buys to their customers, while at the same time
> > telling other analysts that the stocks they were recommending were dogs.
> > Spitzer is negotiating with Merrill execs.  I imagine the whole thing
> > will end up buried somehow.
>