Not so many years ago in year 2000, Henri Blodget was the most hated Wall Street Analyst for having lied to investors. Since he has been rehabilited by his pairs.
Today he’s ranting in a video on Yahoo Finance as well as on his blog about his former employer Merrill Lynch. His critics sounds sincere and reasonable against Corporate Fraud as if Wall Street Analysts like he used to be were innocent at this game.
But in this “Economics of Innocent Fraud”, to borrow the title of last John Kenneth Galbraith’s Book, are journalists, medias, Economists as innocent as they would like to portray themselves ?
My Answer next week … Hold On Folks !
Links in Technorati
Add to del.icio.us