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Wilshire Bancorp Inc. Message Board

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  • cohsgrad cohsgrad May 9, 2011 6:49 PM Flag

    underwriters

    I would tend to view using other firms as a positive as it avoids conflicts of interest. Just my opinion; one can argue otherwise.

    Regarding bad-mouthing them privately, you are certainly correct. Who wouldn't be ticked at them given the massive losses suffered by investors? They made the analysts look like idiots.

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    • The analysts cover them and expect to be paid back by being included in under writings. Then the company hires big JPM who does not know the niche bank space and who could care less about such tiny market cap banks while the firms that cover them specialize in banks like this. Oh well, these K-A banks are notorious for "relationships." mark my word, the analysts will trash talk these guys in private while writing luck warm public comments in further reports.

      • 1 Reply to latigokid
      • You are certainly right but there are now laws on sell-side analysts and investment banking relationships becoming too entwined. I don't know much of anything about them but I've seen small companies carried by investment banks because of the fees that they generated. Not good for transparency but again you are right on all points.

 
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