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Sunday, January 05, 2003

Burn him at the stake

It looks like the Feds are thinking about bringing charges against former Merrill Lynch Internet Analyst Henry Blodget, the dope who rated Net stocks highly in public and then derided them as "POS" stocks in private. Yes, we can thank him and others of his ilk for the illusory stock market golden age of the late '90s that crashed hard and took so much of our personal wealth down with it (however ill-gotten that wealth was!).

Personally, I hope that jackass gets the maximum sentence for helping screw things up so royally. Sure, he didn't "start the fire," but he personally threw gallons upon gallons of gasoline on the blaze and profited from the crime. Remember his $400 price target for Amazon.com? Sure, you do.

Burn, Henry, burn.

Posted by Cory Kleinschmidt
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