For some years U. S. stock markets have enjoyed a reputation for reliable, prompt and completely "honest" financial information. Recent financial scandals, awards and settlements against major Wall Street bankers, securities dealers & underwriters leave investors in a position of questioning the very information essential to efficient operation of our financial markets. What are the apparent impacts.© BrainMass Inc. brainmass.com March 4, 2021, 5:50 pm ad1c9bdddf
After going through its first recession in a decade, the US economy seemed well on its way to recovery in the first quarter. However, any hope of a sustained growth in the economy turned into despair as major corporate scams shook investor confidence in the US financial market.
Stock options proliferated during the 1990s as a way to attract employees by letting them ...
This solution discusses the apparent impacts of recent financial scandals on U.S. stock markets' reputation.