johnhaskell

The Fed Is Banking on Hedge Funds, But Merrill Lynch Can't

Of the stocks listed above the worst performing is easily BKUNA. And who is the specialist for BKUNA? That's right, it's NASDAQ and doesn't have a specialist. I'm sure the NYSE listed names above would like to be down 95% over the past 12 months like BKUNA. Darn specialists!

What's even more interesting than the stock performance of C, NCC, WM, BKUNA etc is the frenzied excuse making and conspiracy theorizing that so much of the investment community indulges in rather than acknowledge that they backed incompetent management.