下面这道题中出现了这个词：
Example 3. Walter Fritz is an equity analyst with Hilton Brokerage who covers the mining industry. He has concluded that the stock of Metals & Mining is overpriced at its current level, but he is concerned that a negative research report will hurt the good relationship between Metals & Mining and the investmentbanking division of his firm. In fact, a senior manager of Hilton Brokerage has just sent him a copy of a proposal his firm has made to Metals & Mining to underwrite a debt offering. Fritz needs to produce a report right away and is concerned about issuing a less-than-favorable rating.
the mining industry. He has concluded that the stock of Metals & Mining is
overpriced at its current level, but he is concerned that a negative research report
will hurt the good relationship between Metals & Mining and the investmentbanking
division of his firm. In fact, a senior manager of Hilton Brokerage has
just sent him a copy of a proposal his firm has made to Metals & Mining to
underwrite a debt offering. Fritz needs to produce a report right away and is
concerned about issuing a less-than-favorable rating.
Comment: Fritz’s analysis of Metals & Mining must be objective and based solely on consideration of company fundamentals. Any pressure from other divisions of his firm is inappropriate. This conflict could have been eliminated if, in anticipation of the offering, Hilton Brokerage had placed Metals & Mining on a restricted list for its sales force.
solely on consideration of company fundamentals. Any pressure from other
divisions of his firm is inappropriate. This conflict could have been eliminated
if, in anticipation of the offering, Hilton Brokerage had placed Metals
& Mining on a restricted list for its sales force.
这个词难道有很深的意思吗？就是一个限制交易的黑名单阿~ [em01]
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