Word: memoed
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...memo, Merrill's Blodget outlined a weekly schedule that had him spending 85% of his time on banking and 15% on stock research. Many analysts had investment-banking bonuses written into their contracts. In an interview with FORTUNE last year, Mary Meeker, the analyst at Morgan Stanley who was dubbed "queen of the Net" for her connections in Silicon Valley, spoke freely of her interest in IPOs and investment banking. A 1999 Wall Street Journal article reported that star technology banker Frank Quattrone at Credit Suisse First Boston enjoyed "unusual autonomy," which included tech analysts' reporting directly to him. CSFB...
...Duncan, in January and admitted to Congress later in the month that potentially incriminating documents had been shredded. But suspicion that Andersen was not exactly forthright about the level of involvement of several executives was stoked by the revelation that Nancy Temple, a lawyer with the company, sent a memo reminding employees of Andersen's document-retention policies on Oct. 12. The memo, observers suspect, was a tacit order to start the shredding...
...twist to the scandal, plaintiffs' lawyers involved in the deposition of Duncan's former assistant Shannon Adlong told TIME last week that the shredding of documents actually began on Oct. 13--10 days before Andersen admitted it started and a day after Temple's memo. Adlong, who was responsible for ordering extra bags for the shredded papers, said so much evidence had to be destroyed that 32 "trunks," each the size of a football locker, were hauled off by a shredding company...
...Duncan, in January and admitted to Congress later in the month that potentially incriminating documents had been shredded. But suspicion that Andersen was not exactly forthright about the level of involvement of several executives was stoked by the revelation that Nancy Temple, a lawyer with the company, sent a memo reminding employees of Andersen's document-retention policies on Oct. 12. The memo, observers suspect, was a tacit order to start the shredding...
...twist to the scandal, plaintiffs' lawyers involved in the deposition of Duncan's former assistant Shannon Adlong told TIME last week that the shredding of documents actually began on Oct. 13 - 10 days before Andersen admitted it started and a day after Temple's memo. Adlong, who was responsible for ordering extra bags for the shredded papers, said so much evidence had to be destroyed that 32 "trunks," each the size of a football locker, were hauled off by a shredding company...