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Street Smarts by Roy C. Smith (2000, Hardcover) 
Street Smarts by Roy C. Smith (2000, Hardcover)
Author: Roy C. Smith
Publisher: Harvard Business School
Publication Date: 2000-04-01
Language: English
Format: Hardcover
ISBN-10: 0071038817
ISBN-13: 9780071038812
Product ID: EPID2128437
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Publication Date:2000-04-01

Publisher's Note
On Wall Street, the pressure to perform and the ethical dilemmas that accompany it did not fade away with the 1980s. As recent headlines attest, criminal proceedings, regulatory complaints, and customer litigation continue to affect the public's perception of the banking and securities industries. Street Smarts is a forceful call to action for Wall Street leaders to restore the industry's reputation for high professional standards. The authors examine corporate and individual conduct in financial institutions and markets to identify the major ethical issues confronting the securities industry, including market rigging, insider trading, whistle-blowing, and conflicts of interests. Based on their years of experience on Wall Street, Smith and Walter urge firms not to rely on regulatory or compliance commissions but to create an environment in which each firm defines appropriate actions and individual managers take responsibility for shaping and upholding the standards through employee development. Nothing less than the future of the industry is at stake. Street Smarts will help bankers, securities analysts, traders, and investors understand what needs to be done now to invest in an open, responsible culture that creates long-term value and higher returns.

Industry Reviews
"As Street Smarts makes staggeringly clear, illegal activities and unethical conduct - market rigging, insider trading, money laundering - are all too common."
Washington Post Book World - Brett D. Fromson (11/16/1997)

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