Blame The Incentives!
from the so-that's-the-trick dept
Here’s an article with a different (and possibly correct) take on the whole “who to blame” question that everyone has been having so much fun with these days. Instead of blaming the analysts who kept pumping up stocks and pushing for IPOs, blame the incentives that encouraged these analysts to do so. The analysts never had any incentive to really look carefully at all the companies they were promoting. They did have plenty in the way of incentives to pump up stocks and keep pushing more companies through their firms’ IPO pipeline.
Comments on “Blame The Incentives!”
No Subject Given
um, Duh. This is news?
Re: No Subject Given
No. Not by itself. But there have been so many “who should we blame” articles lately, that it was worth posting to give some perspective.