Frank Barkocy Quotes
Today's actions were pretty well discounted and well telegraphed. It's much more difficult to ascertain what the magnitude of the potential costs from lawsuits might be. So there's still a high degree of headline risk for the brokerages. 
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Actions | Pretty | Discounted | Telegraphed | Difficult |
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Expectations for the brokers have turned somewhat more negative. We're not terribly excited about the near-term prospects for a lot of these stocks.
- Frank Barkocy
