Idiot regulators shouldn't cry about Facebook earnings forecast cut

Discussion in 'Wall St. News' started by ChkitOut, May 22, 2012.

  1. You clowns want a firewall between analysts and investment bankers as not to bias their recommendations but now everybody is got their panties in a bunch because Morgan was the lead underwriter while at the same time cutting earnigs forecast.

    Well guess what, get over it. Go back to surfing porn.

    Structural Reforms

    The firms will separate research and investment banking, including physical separation, completely separate reporting lines, separate legal and compliance staffs, and separate budgeting processes
  2. CET


    The analyst cutting the earnings estimate was not the problem. The problem is that they only told some of their big clients, and these clients were buying the IPO shares. The news should have been issued in a PR for all to see at the same time.