“Suppose, he wrote, your trusted real estate agent persuaded you to sell your house for $1 million. Then, the next day, the same agent sold the same house for the new owner for $2 million. ‘How would you feel if your agent did that?’ he asked. That, he concluded, is what Merrill and Morgan did to LinkedIn.”
Henry Blodgett as reported by Joe Nocera
Read Nocera’s column for a better understanding of how Wall Street keeps f**king everybody — “in reality, LinkedIn was scammed by its bankers.”
And rent “Inside Job,” so you can literally rip a soda can in half with your rage (at Wall Street, and at every President from Reagan through Obama).