{"id":4585,"date":"2008-03-19T17:59:55","date_gmt":"2008-03-19T17:59:55","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2008\/03\/wachovia_securities_analyst_co"},"modified":"2022-03-25T15:12:03","modified_gmt":"2022-03-25T20:12:03","slug":"wachovia-securities-analyst-co","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/wachovia-securities-analyst-co\/","title":{"rendered":"Wachovia Securities Analyst Comments on Bear Stearns\u2019 Sale and Calls Merrill Lynch the \u201cRiskiest\u201d Investment Bank"},"content":{"rendered":"

In a note to investors, Wachovia Securities Analyst Doug Sipkin commented on the state of the leading Wall Street securities firms in light of the worsening global credit crisis.<\/p>\n

Sipkin blamed the “The failure of Bear Stearns” on a “management issue” rather than a “market issue.” JP Morgan Chase & Co. recently purchased Bear Stearns, the fifth largest securities company, for $236 million-that’s $2\/share-a 90% market drop in just two days. The securities firm ran out of money after clients took away funds.<\/p>\n

Sipkin, however, reassured investors that the action taken by the Federal Reserve to reduce emergency lending rates will keep the other four big securities firms in business.<\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

In a note to investors, Wachovia Securities Analyst Doug Sipkin commented on the state of the leading Wall Street securities firms in light of the worsening global credit crisis. Sipkin blamed the “The failure of Bear Stearns” on a “management issue” rather than a “market issue.” JP Morgan Chase & Co. recently purchased Bear Stearns, […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3807,3754,3797,3824,3800,3787],"tags":[],"class_list":["post-4585","post","type-post","status-publish","format-standard","hentry","category-bear-stearns","category-goldman-sachs-1","category-j-p-morgan-chase","category-lehman-brothers","category-merrill-lynch","category-morgan-stanley"],"yoast_head":"\nWachovia Securities Analyst Comments on Bear Stearns\u2019 Sale and Calls Merrill Lynch the \u201cRiskiest\u201d Investment Bank — Investor Lawyers Blog — March 19, 2008<\/title>\n<meta name=\"description\" content=\"In a note to investors, Wachovia Securities Analyst Doug Sipkin commented on the state of the leading Wall Street securities firms in light of the — March 19, 2008\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/wachovia-securities-analyst-co\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Wachovia Securities Analyst Comments on Bear Stearns\u2019 Sale and Calls Merrill Lynch the \u201cRiskiest\u201d Investment Bank — Investor Lawyers Blog — March 19, 2008\" \/>\n<meta name=\"twitter:description\" content=\"In a note to investors, Wachovia Securities Analyst Doug Sipkin commented on the state of the leading Wall Street securities firms in light of the — March 19, 2008\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards & Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Wachovia Securities Analyst Comments on Bear Stearns\u2019 Sale and Calls Merrill Lynch the \u201cRiskiest\u201d Investment Bank — Investor Lawyers Blog — March 19, 2008","description":"In a note to investors, Wachovia Securities Analyst Doug Sipkin commented on the state of the leading Wall Street securities firms in light of the — March 19, 2008","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/wachovia-securities-analyst-co\/","twitter_card":"summary_large_image","twitter_title":"Wachovia Securities Analyst Comments on Bear Stearns\u2019 Sale and Calls Merrill Lynch the \u201cRiskiest\u201d Investment Bank — Investor Lawyers Blog — March 19, 2008","twitter_description":"In a note to investors, Wachovia Securities Analyst Doug Sipkin commented on the state of the leading Wall Street securities firms in light of the — March 19, 2008","twitter_misc":{"Written by":"Shepherd Smith Edwards & Kantas, LLP","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.investorlawyers.com\/blog\/wachovia-securities-analyst-co\/#article","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/wachovia-securities-analyst-co\/"},"author":{"name":"Shepherd Smith Edwards & Kantas, LLP","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"headline":"Wachovia Securities Analyst Comments on Bear Stearns\u2019 Sale and Calls Merrill Lynch the \u201cRiskiest\u201d Investment Bank","datePublished":"2008-03-19T17:59:55+00:00","dateModified":"2022-03-25T20:12:03+00:00","mainEntityOfPage":{"@id":"https:\/\/www.investorlawyers.com\/blog\/wachovia-securities-analyst-co\/"},"wordCount":304,"articleSection":["Bear Stearns","Goldman Sachs Group, Inc","J P Morgan - Chase","Lehman Brothers","Merrill Lynch","Morgan Stanley"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.investorlawyers.com\/blog\/wachovia-securities-analyst-co\/","url":"https:\/\/www.investorlawyers.com\/blog\/wachovia-securities-analyst-co\/","name":"Wachovia Securities Analyst Comments on Bear Stearns\u2019 Sale and Calls Merrill Lynch the \u201cRiskiest\u201d Investment Bank — Investor Lawyers Blog — March 19, 2008","isPartOf":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#website"},"datePublished":"2008-03-19T17:59:55+00:00","dateModified":"2022-03-25T20:12:03+00:00","author":{"@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431"},"description":"In a note to investors, Wachovia Securities Analyst Doug Sipkin commented on the state of the leading Wall Street securities firms in light of the — March 19, 2008","breadcrumb":{"@id":"https:\/\/www.investorlawyers.com\/blog\/wachovia-securities-analyst-co\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.investorlawyers.com\/blog\/wachovia-securities-analyst-co\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.investorlawyers.com\/blog\/wachovia-securities-analyst-co\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.investorlawyers.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Wachovia Securities Analyst Comments on Bear Stearns\u2019 Sale and Calls Merrill Lynch the \u201cRiskiest\u201d Investment Bank"}]},{"@type":"WebSite","@id":"https:\/\/www.investorlawyers.com\/blog\/#website","url":"https:\/\/www.investorlawyers.com\/blog\/","name":"Investor Lawyers Blog","description":"Published By Investment Fraud Attorneys \u2014 Shepherd Smith Edwards & Kantas, LLP","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.investorlawyers.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.investorlawyers.com\/blog\/#\/schema\/person\/e0240e0754684b69f7d6a7de1b9f1431","name":"Shepherd Smith Edwards & Kantas, LLP","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c7f8f04990816cd4044977eb59908da8c8d1ae487cc919cebd7027b74a0740a3?s=96&d=mm&r=g","caption":"Shepherd Smith Edwards & Kantas, LLP"},"sameAs":["https:\/\/www.investorlawyers.com\/"]}]}},"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pedX9K-1bX","_links":{"self":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/4585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/comments?post=4585"}],"version-history":[{"count":3,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/4585\/revisions"}],"predecessor-version":[{"id":25607,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/posts\/4585\/revisions\/25607"}],"wp:attachment":[{"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/media?parent=4585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/categories?post=4585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investorlawyers.com\/blog\/wp-json\/wp\/v2\/tags?post=4585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}