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The biggest profit center for investment banks is the hefty fees they charge for underwriting stock offerings and giving financial advice, and analysts put those profits at risk if they publish negative conclusions about the companies that pay the fees.

The biggest profit center for investment banks is the hefty fees they charge for underwriting stock offerings and giving financial advice, and analysts put those profits at risk if they publish negative conclusions about the companies that pay the fees.


Tags: Bridge  Small  Worship  Over  Majority   

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Author introduction

Alex Berenson (born January 6, 1973) is a former reporter for The New York Times and the author of several thriller novels and a book on corporate financial filings.[2]



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