When it comes to Wall Street scandals, the widely held assumption is that accountants, stock traders, investment bankers, CEOs, and CFOs will do anything for a buck. If a broker recommended a stock that sunk in price, the courts and media are ready to assume a financial scam. He was cheating his own clients to line his pockets! If a stock was sold before bad news was announced, the assumption is that insider information was employed. If an audit report seems to bury the bad news, the assumption is that the CEO and CFO conspired to cook the books to … Continue reading Anything for a Buck