On July 31, 2013 the Catholic Finance Association hosted a debate at the Cornell Club in Manhattan concerning the culture of Wall Street and whether it has changed in a meaningful way since the financial crisis.
Some of the key questions discussed were, “Are there indications that financial firms are demanding better behavior from employees?”, “Can major institutional change be identified which would indicate a positive shift in the finance community?”, and “Are the same fundamental risk and reward systems still in place?”
John Mueller – President, LBMC (economic forecasting) & Economics Fellow at Ethics & Public Policy Center
Carla Harris – Managing Director, Morgan Stanley Institutional Advisory Group
Ethan Garber – CEO, IdleAir and former distressed debt specialist at Lehman, Bear Stearns & Credit Suisse
Michael Connor – CEO, Market News International