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Personal Finance > Investing
Goldman polices analysts
August 9, 2001: 10:14 a.m. ET

Brokerage house is latest to jump on the bandwagon to shackle analysts
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NEW YORK (CNNfn) - Goldman Sachs Thursday fell into lockstep with Merrill Lynch and Credit Suisse First Boston by issuing a new policy requiring its analysts to disclose ownership of stocks in companies they cover.

Merrill initiated the moves last month in response to growing scrutiny of the  objectivity of analysts' recommendations.

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Two Wall Street gurus – Mary Meeker of Morgan and Stanley and Merrill's Henry Blodget -- are facing class-action suits by irate investors alleging they were given favorable reports of troubled companies.

CNNfn's David Haffenreffer takes a look at Goldman's new disclosure rules. graphic




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