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Apr.03
12:09 AM ET
Friday, 3 Apr 2009
Cramer’s Outrage: Unconscionable Analysts
Looks like someone else on Wall Street needs to spend more time with his family. This time the focus of Cramer’s ire is a Barclays analyst. Apparently, the guy pushed General Growth Properties [GGP
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], a mall REIT, from $32 and change all the way to under $1. Then he just stopped covering the stock. No apology to investors. No admission of guilt for such a horrible call. No mea culpa at all.
Hence, Cramer’s outrage. Watch the video to see it on full display. Who knew bad analyst research was comparable to the defamation of classic art?
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