Riding The Gravy Train: Analysts break records for being wrong

Riding The Gravy Train

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Thursday, January 22, 2009

Analysts break records for being wrong

NEW YORK (MarketWatch) -- If there's one group of Wall Street denizens that have performed as poorly as bankers in the credit crisis, it's the equity analysts who cover Corporate America, new data shows."

And let's not forget the massive amount of insider buying and companies repurchasing shares along the top of the markets in 2006 and 2007, as well as back in 1999.


Prices in 1935




Prices in 1940