Honesty is No Longer a Virtue at Many Large Investment Firms
October 18, 2006 -
In recent months, two prominent analysts have been fired (well one resigned, but it’s easy to read between the lines there). According to biotechnology analyst Matt Murray of the American investment bank Rodman & Renshaw, he was fired after wanting to lower the rating of client Halozyme Therapeutics despite the objections of the firm (…
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