(NY Times-DealBook Blog) At a recent conference, Frank P. Quattrone opined that former New York attorney general Eliot Spitzer’s landmark settlement in 2002, which forced the separation of investment banking from research, had been disastrous for the quality of research.
“I am not denying that there is the potential for conflict — always has been, always will be,” Mr. Quattrone says in Andrew Ross Sorkin’s latest DealBook column. “I’m just questioning the best means of managing the conflict.”
Mr. Sorkin agrees that the pendulum has probably swung too far. However, finding a solution isn’t exactly a walk in the park, he notes.
Read entire article
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment