This report on the Steel Industry by Morgan Stanley, while dated, is the type of industry group research report that I'd like the non-commercial Cara Virtual Investor Group (myGrassroot) to produce. Download MS Sept 13 Steel Report.

First, most of the data points are publicly-available, as are general reports from reporters in the financial media. Second, the tools used to compare and project prices are also freely available. Third, the myGrassroot technology to automate the gathering, editing and reporting of this kind of material is being put together by our group of volunteers.

Anything that broker-dealer research can do can also be done by independent researchers. Producing this research is not like dealing in rocket science. And, if the cost to produce such a report is almost zero, then there will be readers who seek it's objectivity as well as its aggregation of publicly-available data/information.

It's my hope and goal to produce reports done by the people for the people, so that never again will you be subjected to vested interests that work against your interests. Only after such an alternative is available will the capital market have checks and balances.

Then, to be fair to HB&B, the client will be better educated/informed and able to work with their chosen financial advisors at a higher, and more trusting, level.

Isn't that what we'd all like to see?