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The 2003 Wall Street research settlement changed the game for sell-side research outfits. With their links to the revenue-generating banking units severed, the idea that they were devalued was... Read more...
Meredith Whitney, of Oppenheimer, is telling clients that broker-dealers' second-quarter earnings are under pressure, reports MarketWatch. One new twist comes from the credit defaults swap market.... Read more...
Wall Street research analysts in many ways are still struggling to regain their stature. Portfolio magazine doesn't do them any favors by calling into question whether such research, especially when... Read more...