Go to Jeff Salisbury LWGate Home Page.From: Gene Ricci <genr@swbell.net>
Subject: Re: [CANSLIM] Re. Interesting Highlight
Date: Tue, 26 Nov 2002 11:31:51 -0600
Next Article (by Author): Re: Info Overload [CANSLIM] (was: Volume and CWH (was M)) "Katherine Malm"
Previous Article (by Author): [CANSLIM] Re. Interesting Highlight Emenar1@aol.com
Top of Thread: [CANSLIM] Re. Interesting Highlight Emenar1@aol.com
Articles sorted by: [Date]
[Author]
[Subject]
This is a multi-part message in MIME format.
- ------=_NextPart_000_00CB_01C2953F.69FAAF30
Content-Type: text/plain;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
Thanks Jans, I'm betting that the individual investor never sees a dime =
from these fines... any takers?
Gene
----- Original Message -----=20
From: Emenar1@aol.com=20
To: canslim@lists.xmission.com=20
Sent: Tuesday, November 26, 2002 10:58 AM
Subject: [CANSLIM] Re. Interesting Highlight
Canslim's:
I thought the members of this forum would find this interesting:
Wall St Firms May Face $500 Million Fines
NEW YORK (Reuters) - Regulators are telling Wall Street firms that =
they face=20
fines as high as $500 million in order to resolve analyst conflict of=20
interest probes, a source familiar with the matter said on Tuesday.=20
Regulators expect to tell Citigroup (NYSE:C - news) that it will have =
to pay=20
$500 million to end a probe into whether its analysts misled investors =
with=20
tainted research in order to please investment banking clients, the =
source=20
said.=20
Regulators have told Credit Suisse First Boston that it will have to =
pay $250=20
million to settle the probes. Bear Stearns Cos. Inc. (NYSE:BSC - =
news),=20
Goldman Sachs Group Inc. (NYSE:GS - news), J.P. Morgan Chase & Co. =
(NYSE:JPM=20
- news), and UBS Warburg are to be told or have been told that will =
have to=20
pay $75 million each, the source said. Regulators will tell Thomas =
Weisel=20
Partners that it must pay $60 million and Morgan Stanley (NYSE:MWD - =
news)=20
that it must pay $50 million, the source said.=20
Regulators will not require Merrill Lynch & Co. Inc. (NYSE:MER - news) =
to pay=20
any amounts in addition to the $100 million it has already agreed to =
pay as=20
the result of a settlement with regulators earlier this year, the =
source=20
said.=20
jans
-
-To subscribe/unsubscribe, email "majordomo@xmission.com"
-In the email body, write "subscribe canslim" or
-"unsubscribe canslim". Do not use quotes in your email.
- ------=_NextPart_000_00CB_01C2953F.69FAAF30
Content-Type: text/html;
charset="iso-8859-1"
Content-Transfer-Encoding: quoted-printable
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=3DContent-Type content=3D"text/html; =
charset=3Diso-8859-1">
<META content=3D"MSHTML 5.50.4916.2300" name=3DGENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=3D#ffffff>
<DIV><FONT face=3D"Comic Sans MS">Thanks Jans, I'm betting that the =
individual=20
investor never sees a dime from these fines... any takers?</FONT></DIV>
<DIV><FONT face=3D"Comic Sans MS"></FONT> </DIV>
<DIV><FONT face=3D"Comic Sans MS">Gene</FONT></DIV>
<BLOCKQUOTE=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV=20
style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: =
black"><B>From:</B>=20
<A title=3DEmenar1@aol.com =
href=3D"mailto:Emenar1@aol.com">Emenar1@aol.com</A>=20
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
=
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Tuesday, November 26, =
2002 10:58=20
AM</DIV>
<DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] Re. =
Interesting=20
Highlight</DIV>
<DIV><BR></DIV>Canslim's:<BR><BR> I thought =
the=20
members of this forum would find this interesting:<BR><BR><BR>Wall St =
Firms=20
May Face $500 Million Fines<BR><BR>NEW YORK (Reuters) - Regulators are =
telling=20
Wall Street firms that they face <BR>fines as high as $500 million in =
order to=20
resolve analyst conflict of <BR>interest probes, a source familiar =
with the=20
matter said on Tuesday. <BR><BR>Regulators expect to tell Citigroup =
(NYSE:C -=20
news) that it will have to pay <BR>$500 million to end a probe into =
whether=20
its analysts misled investors with <BR>tainted research in order to =
please=20
investment banking clients, the source <BR>said. <BR><BR>Regulators =
have told=20
Credit Suisse First Boston that it will have to pay $250 <BR>million =
to settle=20
the probes. Bear Stearns Cos. Inc. (NYSE:BSC - news), <BR>Goldman =
Sachs Group=20
Inc. (NYSE:GS - news), J.P. Morgan Chase & Co. (NYSE:JPM <BR>- =
news), and=20
UBS Warburg are to be told or have been told that will have to <BR>pay =
$75=20
million each, the source said. Regulators will tell Thomas Weisel =
<BR>Partners=20
that it must pay $60 million and Morgan Stanley (NYSE:MWD - news) =
<BR>that it=20
must pay $50 million, the source said. <BR><BR>Regulators will not =
require=20
Merrill Lynch & Co. Inc. (NYSE:MER - news) to pay <BR>any amounts =
in=20
addition to the $100 million it has already agreed to pay as <BR>the =
result of=20
a settlement with regulators earlier this year, the source <BR>said.=20
<BR><BR><BR><BR>jans<BR><BR><BR><BR><BR><BR>-<BR>-To =
subscribe/unsubscribe,=20
email "<A=20
=
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In=
the=20
email body, write "subscribe canslim" or<BR>-"unsubscribe =
canslim". Do=20
not use quotes in your email.<BR></BLOCKQUOTE></BODY></HTML>
- ------=_NextPart_000_00CB_01C2953F.69FAAF30--
- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim". Do not use quotes in your email.
Next Article (by Author): Re: Info Overload [CANSLIM] (was: Volume and CWH (was M)) "Katherine Malm"
Previous Article (by Author): [CANSLIM] Re. Interesting Highlight Emenar1@aol.com
Top of Thread: [CANSLIM] Re. Interesting Highlight Emenar1@aol.com
Articles sorted by: [Date]
[Author]
[Subject]