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Mar 31, 1998

Judgement day

Market intermediaries are under fire

It won't be an apocalypse. And it won't be another trial by proxy card, for the last decade has already seen corporate America put through the ringer. Issues ranging from CEO pay to director independence have been dissected, catalogued and displayed for the world to see. No, this time it's capital markets intermediaries who will have to stand up and be counted. You can't hide any longer, all you stockbrokers, investment bankers and portfolio managers. You have been too irrationally exuberant,

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