3min chapter

Chicago Booth Review Podcast cover image

Must you lose your morals on Wall St?

Chicago Booth Review Podcast

CHAPTER

The Dark Ethics of Bond Salesmanship

This chapter explores the aggressive and often morally dubious tactics used by bond sellers to push questionable securities on clients. Through personal anecdotes, the speaker reveals the toxic culture at Salomon Brothers and reflects on the internal conflict between profitability and ethical conduct in investment banking.

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