Wall Street Faces Growing Ethical Crisis

The Street
July 19, 2013

Jordan A. Thomas says that Wall Street needs to acknowledge corporate ethics dilemma

"Many in the financial services industry appear to have lost their moral compass, and younger professionals pose the greatest threat to investors," said Jordan Thomas, partner at Labaton Sucharow. "Wall Street needs to take the first step toward recovery and admit that it has a corporate ethics problem, or Main Street should brace itself for more scandals."