Paul Myners’ address at Institutional Investor’s European equity research awards’ dinner was a neat second act to New York state attorney general Eliot Spitzer’s attack on US equity research analysts at the magazine’s awards dinner in New York in November.
The former chairman of Gartmore and government-commissioned author of a review on institutional investment in the UK relished the opportunity to unleash his own attack on the industry face to face.
He didn’t pull any punches as he laid into a suddenly sullen audience of sell-side analysts.
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