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Old 10-12-2008, 07:29 PM
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Default The Death of Direct Sales

Posted By: Jeff Lichtman

"Maybe, as an "analyst," he should have analyzed Lehman's own business practices, and the direction their stock was bound to go. Seems that none of Lehman's "analysts" red-flagged their toxic investments. Why not? A few reasons come to mind. Ineptitude, perhaps, or just plain greed."

Do you actually think that an analyst in one discreet sector is responsible for analyzing the entirety of his company's business practices, and the direction of it's stock price? There is no way you could possibly have such a simplistic, obtuse, uneducated view on how this all works. No way.

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