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Survey Says ‘Wall Street Is Facing An Ethical Crisis’
Walter Pavlo
If you write on white-collar crime as I do, there are not enough hours in the day to cover the stories! Asurvey by the law firm Labaton Sucharow LLP has confirmed why this is the case with some chilling facts about the ethical state of our financial institutions. 250 respondents from the financial services industry (traders, portfolio managers, investment bankers, hedge fund professionals, financial analysts and stock brokers) were part of the survey conducted in June 2013. Here are some of the findings from the respondents and my (comments):