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Why does anyone care about Blodget's opinions given his track record?

He has been barred from the securities industry: http://www.sec.gov/news/press/2003-56.htm

and, comes up with a lot of bad analysis:

http://moneyterms.co.uk/blog/200805-blodget-incentives

Apparently, people will listen if you are well known: it does not matter what you are well known for.



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