Christopher Whalen, Editor of Institutional Risk Analyst New York Times article "Resetting the Moral Compass"

December 15, 2010 Lorena M. Llivichuzca

“We have prostituted our standards of securities underwriting and sales of securities to investors. When the Street starts justifying stuffing customers and saying, ‘It’s O.K., caveat emptor,’ that requires a public policy response. We need to say to the Street, ‘In all the things you do, especially if it is sold to a pension fund, you have a duty of care to every party in the transaction.’”

Christopher Whalen, Editor of Institutional Risk Analyst New York Times article "Resetting the Moral Compass" January 23, 2010

Last Updated on December 15, 2010

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