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Remembering Michael Metz of Oppenheimer

Thursday, August 07, 2008

PAUL KANGAS: Finally tonight, Wall Street has lost a well-respected veteran and NIGHTLY BUSINESS REPORT has lost a friend. Michael Metz, chief investment strategist at Oppenheimer, died last night. Metz had been one of my Friday "Market Monitor" guests for more than two decades. In fact, I last caught up with him back in February. Metz was known on the Street for having the courage of his convictions. He wasn't afraid to call things as he saw them, even if it meant he ran opposite the crowd and he had the experience to make those calls: Metz started his Wall Street career as an analyst with Standard & Poor's back in 1959. Suzanne, he was one of a kind and we shall miss him.

SUZANNE PRATT: And Paul, he was one of my favorite, favorite bears. I will definitely miss him.