White Paper

Wall Street in Crisis

August 1, 2013

A particularly troubling and consistent finding from Labaton Sucharow's second annual survey of the U.S. financial services industry is what the future holds for Wall Street. Many of the young professionals who will one day assume control of the trillions of dollars that the industry manages have lost their moral compass, accepted corporate wrongdoing as a necessary evil and fear reporting misconduct. This is a ticking economic time bomb that responsible organizations must immediately defuse.