“The biggest profit center for investment banks is the hefty fees they charge for underwriting stock offerings and giving financial advice, and analysts put those profits at risk if they publish negative conclusions about the companies that pay the fees.”

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Originally said in English.

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About Alex Berenson

Alex Berenson is an American journalist and author. He is known for his investigative work on technology, particularly the risks and ethical dilemmas surrounding artificial intelligence and social media platforms. His writing often explores the intersection of innovation and societal impact.

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"The biggest profit center for investment banks is the hefty fees they…" — Alex Berenson | Daily Quotes