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STOCKLASH
New York Post ^ | 6/10/02 | ISABELLE SENDER and JEANNE BURKE

Posted on 08/11/2002 1:27:57 AM PDT by kattracks

Edited on 05/26/2004 5:08:05 PM PDT by Jim Robinson. [history]

August 11, 2002 -- With the Dow in the dumps and the Nasdaq shattered, thousands of angry investors are attacking their brokers for costing them their life savings.

This year, a record number of devastated market players have filed complaints charging their money managers with malfeasance - claiming they lied about investment risks, bought and sold stock without permission and made excessive trades to boost commissions.


(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
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1 posted on 08/11/2002 1:27:57 AM PDT by kattracks
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To: kattracks
Bubba Bubble Syndrome.
2 posted on 08/11/2002 1:32:04 AM PDT by Consort
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To: kattracks
Some people prefer the track ( the low lifes)

Some people prefer the casinos ( higher class )

Some people prefer the market ( most respectable)

BUT gambling is gambling

Pays your money and takes your chances
3 posted on 08/11/2002 4:50:10 AM PDT by uncbob
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To: kattracks
This year, a record number of devastated market players have filed complaints charging their money managers with malfeasance - claiming they lied about investment risks, bought and sold stock without permission and made excessive trades to boost commissions.

Down here we have a lawyer who's all over TV soliciting clients who feel they were put in the wrong stocks by their broker. Such as a portfolio weighted too much in hi-tech stocks.

4 posted on 08/11/2002 5:04:34 AM PDT by dennisw
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