Will Wall Street research improve?
June 10, 2001
INTRODUCTION:
This map is about stock research from the leading Wall Street securities firm.
Given the amount of bad publicity, complaints to the SEC and the filing of lawsuits against these firms, one might think that this is the golden opportunity to reform Wall Street. This map suggest that nothing will change because in a sense Wall Street culture is just the expression of human greed and fear.
Non traditional players are jumping on to the bandwagon to offer stock research. They are providing a much needed service, but it is unlikely that they will be very successful and supplant the firms that they are challenging.
In the end, Wall Street will serve up what the majority wants to pay for. How to make money quickly, by means fair or foul.
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