Many Wall Street executives says wrongdoing is necessary: survey
Tue Jul 10, 2012 10:07am EDT
(Reuters) - 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.
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.
Wednesday, July 11, 2012
ONE OF THE REASONS TO PRY INTO MITTENS' PERSONAL FINANCES
I think most Americans don't know much about all the fancy dodges the top 1% use to legally avoid paying taxes so it would be great if Mittens was forced to explain his particular tax avoidance schemes. This could naturally lead people to question the sub-culture of financial capitalism, perhaps making articles like this one go viral on the Net.
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