0
   

You Wash My Hand and I'll Wash Yours

 
 
sumac
 
Reply Mon 18 Nov, 2002 10:24 am
As reported on CNN this morning by Andy Servwer of Fortune Magazine:
Quote:



It's a nightmare. But it is a story that people outside in the rest of the country can understand, because it involves malfeasance, skullduggery, bad stuff by people on Wall Street. This is how it works, Salomon Smith Barney analysts Jack Grubman covered AT&T, and he raised the recommendation on AT&T's stock, so that the head of CitiGroup, Sandy Weill, could curry favor with the head of AT&T Mike Armstrong, and then, in return, Sandy Weill, CitiGroup, made a donation to a nursery school to help get Grubman's kid in.


http://www.cnn.com/TRANSCRIPTS/ltm.html
  • Topic Stats
  • Top Replies
  • Link to this Topic
Type: Discussion • Score: 0 • Views: 1,536 • Replies: 1
No top replies

 
Setanta
 
  1  
Reply Mon 18 Nov, 2002 10:28 am
Well, at least he acted for the greater good of the public . . .

Sheesh . . .
0 Replies
 
 

Related Topics

Leveraged Loan - Discussion by gollum
Web Site - Discussion by gollum
Corporate Fraud - Discussion by gollum
Enron Scandal - Discussion by gollum
Buying From Own Pension Fund - Discussion by gollum
iPhones - Question by gollum
Paycheck Protection Plan - Question by gollum
Dog Sniffing Electronics - Question by gollum
SIM CARD - SimTraveler - Question by gollum
Physical Bitcoin - Question by gollum
 
  1. Forums
  2. » You Wash My Hand and I'll Wash Yours
Copyright © 2024 MadLab, LLC :: Terms of Service :: Privacy Policy :: Page generated in 0.03 seconds on 07/22/2024 at 05:34:45