Wednesday, October 21, 2009

Wells Fargo fails to beat "whisper number"

Voltron says: Wells Fargo fails to concoct enough fraudulent phantom "earnings" to beat the "whisper number" (i.e. the real earnings estimate of stock analysts as opposed to the lowball number they publish in order to manipulate the stock so they can profit from an upside "surprise")

http://www.bloomberg.com/apps/news?pid=20601206&sid=arm1bqFn5sy8

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