Update: The latest survey on the state of ethics on Wall Street (a 7th Reason for teaching financial ethics)

July 16th, 2013 by Kara in Essays, News

Andrew Ross Sorkin directs our attention to the Labaton Sucharow Survey in his DealBook article, “On Wall Street, a Culture of Greed Won’t Let Go.” Labaton Sucharow commissioned a survey of 250 respondents who work in the financial services industry. Among the results of the survey: 28%      think the financial services industry does not really put the best interests of clients first 23%      observed or had firsthand knowledge of wrongdoing in the workplace 29%      believe financial services professionals may need to engage in unethical or illegal behavior to succeed 24%      feel employees at their own company ...