Anony- yes. "put lipsick on a pig" and it is still a pig. Blodgett and Mary Meeker were both recommending stocks to the public which they knew were junk. That is why Merrill just paid a humongous fine and is suffering severe damage to its "credibility". Morgan Stanley would not admit the "first lady of the internet" (MM) did anything "wrong". Morgan would not fire her because it would look like an admission of guilt on their part and they were (are) terrified of lawsuits. The whole thing was a farce and a disgrace. Babe