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It’s a financial blogwar!
The pixels are flying: Felix Salmon at Reuters on Thursday took a gratuitous swipe at The Business Insider’s Henry Blodget, over the latter’s alleged failure to disclose the details of his past wrangles with the SEC and Eliot Spitzer,
Madoff behaviour, internet bubble edition
In the last days of the Dot-Com bubble, when wild share price swings and high leverage levels were becoming synonymous with the internet sector, there were a few financial players who exhibited prudence.
Henry Blodget VINDICATED
Henry Blodget, one of the highest profile gurus of the dot.com boom, said in 1998 that Amazon would hit $400. The internet euphoria pushed the stock to $600 within months but it collapsed to $5 in 2000.
Straight advice from a dot com idiot
For an idiot dot-comedy analyst who had to be drummed out of the business to help stabilise the financial system, Henry Blodget has come out with an eminently sensible book on avoiding common investment pitfalls.