Word: beauchamp
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Dates: during 2000-2009
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...Blodgetting." And "sell" ratings are still issued about as often as famine warnings. Out of some 7,500 current recommendations on S&P 500 stocks, only 1% are "sells," according to Zacks Investment Research. "Analysts are the most relentlessly optimistic people in the world," says NASAA executive director Marc Beauchamp. "They make Pollyanna seem like Hamlet." Some regulators are calling for industry guidelines to expand analysts' conflict-of-interest disclosures...