posted on Jul, 13 2012 @ 10:12 AM
I'm shocked at this survay who could think that executives in the trust worthy financial
system are turning a blind eye to insider trading and breaking the law.
A quarter of Wall Street executives see wrongdoing as a key to success, according to a survey by whistleblower law firm Labaton
Sucharow released on Tuesday.
But is't it just a few rogue traders as we all told by msm you ask.
No up to 26% senior executives know of wrongdoing in the workplace but don't do
anything about it.
Reuters wall street survey
In a survey of 500 senior executives in the United States and the UK, 26 percent of respondents said they had observed or had
firsthand knowledge of wrongdoing in the workplace, while 24 percent said they believed financial services professionals may need to engage in
unethical or illegal conduct to be successful.
Sixteen percent of respondents said they would commit insider trading if they could get away with it, according to Labaton Sucharow. And 30 percent
said their compensation plans created pressure to compromise ethical standards or violate the law.
Now if there is 26 to 30 percent of executives openly tell a survey that they know/do break laws
then i'm not sure if it's arrogance or stupidy to let the public know this.
Wall Street has been saying that it don't need any further regulatory laws as it unnecessary.
I can't see why as they'll just ignore them anyway.