Volume 34, Number 4 · March 12, 1987

The Blight on Wall Street

By Felix G. Rohatyn

As the revelations of illegality and excesses in the financial community begin to be exposed, those of us who are part of this community have to face a hard truth: a cancer has been spreading in our industry, and how far it will go will only become clear as the Securities and Exchange Commission and Federal prosecutors pursue the various investigations currently under way. The cancer is called greed.



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