今年以来,国内外股票市场的股票指数都出现了不同程度下跌。纳斯达克从去年的最高点下跌了70%;而国内股粟市场也从2200点下跌到目前的1600点,下跌幅度也在30%左右。股票市场大起大落的背后是投资者惨重的损失和沉重的代价。美国股票市场的投资者在怀疑华尔街证券分析师制造泡沫的背后与其巨大利益有关的同时,中国股票分析师的信用问题.也由于银广夏等上市公司的曝光而受到质疑。国内外证券市场暴露出一个共同的问题,即证券分析师的信用出现了危机。因为一些活生生的事实摆在投资者的面前:股票市场确实存在咨询人员和证券分析师“造势”和“托市”等行为,并且有配合庄家哄抬市场价格或打压市场价格的严重违规行为。前不久《远东经济评论》上披露的案例令人触目惊心:1999年初日本甲骨文软件公司在 Since the beginning of this year, the stock indices in both domestic and overseas stock markets have dropped in varying degrees. The Nasdaq dropped 70% from its highest level last year. The domestic market for corn stocks also dropped from 2,200 points to 1,600 points today, a drop of about 30%. The stock market ups and downs behind the heavy losses of investors and the heavy price. Investors in the U.S. stock market are questioning the creditworthiness of China’s stock analysts while they suspect that the Wall Street securities builders’ bubble is behind their huge interest, as well as the exposure of other publicly traded companies like China Everbright. Domestic and foreign securities markets have exposed a common problem that the securities analyst’s credit crisis. Because some vivid facts are put in front of investors: there are indeed consultants and securities analysts in the stock market, such as “making momentum” and “proposing markets.” In addition, they are able to cope with market makers’ prices or curb market prices Irregularities. Not long ago “Far Eastern Economic Review” on the disclosure of the case shocking: early in 1999 Japanese Oracle software company in