xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx Credit Suisse First Boston could soon become the first Wall Street brokerage firm to face criminal charges over its research coverage. The Massachusetts Secretary of State, who regulates securites in his state, has recommended that New York state file securities fraud charges against CSFB. At issue, among other things, are e-mails between CSFB analysts and executives. One of those e-mails described what's called the "Agilent two-step," saying, "That's where in writing you have a buy rating but verbally everyone knows your position." Another e-mail describes how IPO shares are doled out saying, "reserved not for friends of the company but for friends of the investment bank." xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
