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The 20-Million-Dollar-A-Year analyst is being investigated by NASD. WOW!
by EYEBALL41

Snipette of a News Article:

NASD to take action on Grubman
"Mr. Grubman, for instance, recently told Congressional investigators that his annual pay averaged about $20 million during the past several years. This made him one of Wall Street’s highest-paid executives.

Any NASD action could be costly to Mr. Grubman. The analyst could be forced to give back as much as $15 million of a forgivable loan he received from Salomon Smith Barney if a regulatory charge led to his departure from the firm, according to his employment contract."



EYEBALL41's Comment:

Well, hoop-de-doo, that's some penalty! I'm sure the investors who lost billions from his constant touting of "dogs" will be soooo comforted. And I'll bet Grubman is just shaking in his boots with fear. They are ALL such a bunch of shameless thieves and liars and (no doubt) will get to keep all their millions -- with no possibility of CRIMINAL penalties -- it just makes you want to vomit!



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