Alex Sebastian

How Merrill Lynch Moved Its 'Microwave Ovens'

Really not surprised by this one at all. I am looking to start a career in equity research but do not want to work for a broker or a bank due to the conflicts of interest inherent in a position with such an organization. Therefore I am limited to applying to independent research firms, which is preventing me from getting a job as quickly as would be possible otherwise. Oh well, things sure could be a lot worse...

What surprises me is that anyone thinks that a lawsuit will actually change Merrill or anyone else's behavior. Yeah a few mil will be doled out, but nothing will change...