This document satirizes the unethical practices of Wall Street analysts and brokers during the tech bubble of the late 1990s. It depicts conversations between analysts at an investment bank who rate money-losing tech stocks as "strong buys" to benefit their firm's investment banking business. Brokers are then shown pressuring clients to buy these overhyped stocks for the sake of high commissions, dismissing concerns about the companies' lack of earnings or valuations. The document suggests Wall Street professionals frequently put their own profits ahead of their clients' interests through questionable stock recommendations and sales tactics during the tech bubble.

1. A Fifteen Year History of Wall Street
by www.outsider-trading.com

2. Analyst Desk at a Major Wall Street Bank
We really need to
rate these tech
stocks a strong buy!

3. They don't seem to
make any money?

4. Our investment
bank makes a
killing taking
these bad boys
public, it's our job
to make sure
these things sell!

5. Isn't iT against our
moral oath as CFA's to
recommend stocks that
are loosing money?

6. BHAHAHAHAHAHAHAHAHA
BHAHAHAHAHAHAHA

7. Brokerage Branch of same Wall Street Bank
Our firm rates these
tech stocks as a
strong buy, we need
to get on the horn
and sell these bad
boys...... there's also
a 15% commission!!!!

8. Yes?

9. These tech stocks don't seem to
be making any money though??

10. It's a new economy...
earnings are prehistoric

11. Isn't it against our code as
series 7 to worry about
commissions?? We are
supposed to put our
clients' interest before our
own...

12. BHAHAHAHAHAHAHAHAHAHAHA
BHAHAHAHAHAHAHA

13. Client Meeting Inside Same Brokerage
Are you sure about
homegrocer.com? It's
loosing money... what
about valuations??

14. It's a new economy... you won't
be worrying about valuations
when you're buying a yacht!!

15. Let's do it!!

16. I love the smell of commissions in the morning!!