Because we produce 22 columns a year, we’re always looking for topics. Some come from readers, others from students, and some we pluck out of midair. For this column, we thank Allan Sloan, who published a piece called Buy High, Sell Low in the Feb. 4, 2008, issue of Fortune magazine.Sloan’s article skewers the managers of the “Wall Street Four” — the large investment banking/brokerage/etc. conglomerates, including Citigroup, Merrill Lynch, Morgan Stanley and UBS.
He struck home, near as we can tell.
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