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Wall Street Settlement / Grubman, Blodget Fines #727177

CBS Evening News for Monday, Apr 28, 2003
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(Studio: Dan Rather) Fines for ten Wall Street firms for defrauding investors reported; names of firms and fines for Salomon Smith Barney, Merrill Lynch & Credit Suisse/First Boston listed.

(Washington: Sharyl Attkisson) Penalties against analysts Jack Grubman† of Salomon Smith Barney and Henry Blodget† of Merrill Lynch featured; details given of settlements; Grubman’s e-mail about upgrading AT&T stock to get his kids into pre-school quoted. [SEC chairman William DONALDSON†- comments on the new role of the analyst.]

Reporter(s):
Rather, Dan;
Attkisson, Sharyl
Duration:
00:03:00

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