If you have a Journal sub, read this editorial defending Frank Quattrone.
"...what would have been CSFB's liability if it had actually told the world that VA Linux was worth $239 (rather than $30) and found some suckers to believe it?"
This is the problem with the Street - they don't see the line between good and evil, which is so obvious to firms like Google. The Journal really reaches incredible levels of absurdity sometimes with it's 'defending the pack' mentality.