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Barney and Smith were separate brokerage firms started in the late 1800's and they merged in 1937. From what I've read, Smith Barney had a solid reputation as a more conservative firm but Citigroup (with Travelers) bought a controlling share of the company in 1998 and things went downhill fast. Citigroup, after several scandals, destroyed the reputation of Smith Barney and then sold out to Morgan Stanley after incurring huge losses. Morgan Stanley dropped the Smith Barney name in 2012.
I'm sure that family members of Smith Barney were not happy that their father's hard work and reputation were destroyed and their name abandoned. Shameful.
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