Word: barneys
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Inside Salomon Smith Barney, analysts date the cultural shift in the research department to 1997, when parent company Travelers Group bought Salomon Brothers and married that firm with its focus on institutions and investment banking to retail-driven Smith Barney, which Travelers (now Citigroup) also owned. Suddenly, "earning money the old-fashioned way" made a far better ad campaign than corporate game plan. "The Salomon guys were a little faster with the rules and more focused on investment banking," says a longtime member of Smith Barney's research team. That's when big money started flying toward analysts...
...made up of the biggest stocks on that market, including Microsoft and Intel) is close. And already 1 in 8 stocks in the S&P 500 is below those September thresholds, including AOL Time Warner (which publishes TIME), Corning, EDS, Halliburton, IBM, Lilly, Merck and Verizon, reports Salomon Smith Barney...
...made up of the biggest stocks on that market, including Microsoft and Intel) is close. And already 1 in 8 stocks in the S&P 500 is below those September thresholds, including AOL Time Warner (which publishes TIME), Corning, EDS, Halliburton, IBM, Lilly, Merck and Verizon, reports Salomon Smith Barney...
...Street for fraud. Unlike companies that, however foolishly, want to merge in order to grow, the analysts on Wall Street have been consciously deceiving the public for years. Spitzer’s investigation, and the dirt he has dug up on prominent analysts like Jack Grubman of Salomon Smith Barney and Henry Blodget of Merrill Lynch, has finally prodded the rest of the regulatory agencies into action. Both the Securities and Exchange Commission and the National Association of Securities Dealers are currently investigating Wall Street, fearful of losing control over the brokerage industry to 50 state AGs if Spitzer proves...
...time incarcerated, they are free to build a new and better life once released. Drug offenders, on the other hand, may be prevented from attending college and from achieving a higher level of education, stunting their socio-economic mobility and prospects for a better future. Legislation sponsored by Rep. Barney Frank ’61-’62 (D-Mass.), which would repeal this provision, is currently under consideration in the House of Representatives...