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by icedchai 4896 days ago
Well, to be fair, honesty is probably something pretty unusual on Wall St.
1 comments

No offense, but I think that's a pretty typical (and boring) statement that is probably less true than it is on "main street."

Wall Street trading firms have to adhere to some pretty stringent SEC regulations; regulations no other private company has to deal with. That inherently means they're required to disclose more than the average "Main St." company. We all like to cite the bad apples (aka the exceptions), but by in large financial firms are as "by the book" as you can get.

So no, I wouldn't say it's unusual.

Actually, I'll just broaden it: honesty in business is pretty unusual, especially big business. Are you happy?