Jack Vettriano The Billy BoysJack Vettriano Private DancerJack Vettriano Mad Dogs
You can go to nexus of all research companies - Morningstar - and still the report they give you will not tell you the whole true story. I have recently been told that Morningstar is about 6 months behind in the posting of their material. .
For some time the Securities and Exchange Commission (SEC) has been looking into recommendations by in-house analysts of brokerage firms who have made Initial Public Offerings. These analysts should keep their mouths shut. Can you imagine any analyst keeping his job if he should happen to tell the truth about a stock his company was pushing? Those beautiful full color reports from your broker belong in the wastebasket.Maybe and maybe not, but it doesn't make any difference if the facts they are reporting are lies. This not to fault Morningstar as they are merely a conduit of information.There should be a lot of good things happen as a result of the bankruptcy of Enron. The duplicity of Arthur Andersen is despicable. They were acting both as consultants and auditors. The consultants were telling the company what to do and how to get away with it and the auditors were rubber stamping their actions. It's like have the fox guard the hen house
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