Apparently brokerage firm Morgan Stanley is mounting a rear-guard action to defend analyst Mary Meeker. Fine, but never allow your investment bankers to be quoted when doing that sort of thing. In this Washington Post article one promotes Mary’s “truly held beliefs” about companies. I imagine that is to be contrasted with her “investment-banking-fee-induced” beliefs.
As friends, investment bankers make better enemies
By April 28, 2003 · ··