The Prophet Of Wall Street Part 1

How Abby Cohen came to be one of the most closely watched forecasters on the planet

The Dow Jones industrial average was up 65 points and seemingly headed for another record close when Wall Street was convulsed by a rumor that Abby Joseph Cohen was about to alter her bullish stock market forecast. Actually, Cohen, the chief strategist for Goldman, Sachs & Co., was sequestered along with a few hundred other senior Goldman employees at a conference center an hour's drive from Manhattan. As Cohen listened to a speech by Goldman Chief Executive Jon S. Corzine, someone tapped her on the shoulder. "There's an emergency," the woman whispered. "You must call the office."

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