26 min listen
Stenographers and Sycophants
FromBubble Trouble: Laying Out Inconvenient Truths About How Business and Financial Markets Really Work
Stenographers and Sycophants
FromBubble Trouble: Laying Out Inconvenient Truths About How Business and Financial Markets Really Work
ratings:
Length:
27 minutes
Released:
Aug 16, 2021
Format:
Podcast episode
Description
We talk about financial analysts and why it's sometimes more accurate to call them sycophants and stenographers, and how these analysts become cheerleaders of the companies they're supposed to cover. They praise as opposed to appraise. (Repeat)
Released:
Aug 16, 2021
Format:
Podcast episode
Titles in the series (100)
Poor Standards: This week we look into rating agencies and ask: Why were they invented? What is their purpose? Who pays their wages? by Bubble Trouble: Laying Out Inconvenient Truths About How Business and Financial Markets Really Work