The Blame Game

Analysts missed the tech meltdown. They should have known better, but shouldn't you too?

The analysts on Wall Street sure are taking their lumps. They should have known tech stocks were going to collapse--and said so, wail the critics. A little more diligence on their part and maybe fewer folks would have speculated in profitless companies and lost so much money, goes the argument. Phooey. Why not blame analysts for poor retail sales during the holidays too; heck, for the entire economic slowdown? Didn't they cause the bubble that burst and left so many feeling poor? While we're at it, let's blame them for the weather, your weight problem and hanging chads.

Sure, Wall Street...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!