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Resource ID: #22158
Subject: Stocks And Bonds
Source: query failed
Date: 2006-01-06



Gasparino investigates the role of highly paid stock-market analysts in creating the stock market bubble of the 1990s that wiped out billions of dollars of wealth, much from average, middle-class American investors. He claims that analysts were being paid not to find, in an unbiased manner, suitable stocks for people to invest in, but rather to promote stocks of companies that were also clients of their firms.

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