cat & mouse

Citigroup's Flush

Some drug companies products sold in the market had side effects, which lead to permanent disablement and even death. This was revealed during their clinical trials to the drug firms, but they hid it from the public and the intent was sheer profit, and not worrying about the damages to the patients. They even bribed researchers to give positive analysis of their products.

The same thing is happening in the stock research analysis. Most of the stock analysts, give positive analysis of companies, while actually it shouild be negative. This leads me to think that the analysts are in the pockets of the companies. They do not care that many people, who have invested in these stocks with their life savings, would go bust and be on the streets in their retirment age. They have no conscience, as their greed exceeds their moral commitments.