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Spitzer Goes After More Brokers
Updated from 1:13 p.m. EDT
In his quest to clean up Wall Street, New York Attorney General Eliot Spitzer is getting out a bigger broom.
Just two days after launching an opening salvo against Merrill Lynch (MER Quote), Spitzer said Wednesday that he is broadening his inquiry into the relationship between analysts and investment bankers at other big Wall Street firms.
The latest wave of big brokerage firms to earn scrutiny comprises Goldman Sachs (GS Quote), Credit Suisse First Boston, Morgan Stanley (MWD Quote), Lehman Brothers (LEH Quote), Citigroup's (C Quote) Salomon Smith Barney unit, UBS PaineWebber, Lazard Freres and Bear Stearns (BSC Quote), Dow Jones reported, citing people close to the inquiry. ...
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