Skerrick wrote:One of the issues is that he looks at day trading and market timing as ways to reduce risk.
Let me begin, however, by acknowledging an obvious irony: My writing this book. Yes, I am that Henry Blodget....
In 2002, then New York State Attorney General Eliot Spitzer, published Merrill Lynch e-mails in which Blodget gave assessments about stocks which allegedly conflicted with what was publicly published. In 2003, he was charged with civil securities fraud by the U.S. Securities and Exchange Commission. He agreed to a permanent ban from the securities industry and paid a $2 million fine plus a $2 million disgorgement.
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