Tag Archive for ‘Analysts’
Whistle-blowers, truth-tellers and fraud-spotters pay a miserable price on Wall Street. They are vilified. They are fired. Sometimes they are even sued. Instead of being sought after, they become persona non grata. Pulitzer Prize winner Jesse Eisinger reports on the case of David Maris, a one-time star analyst for Bank of America.
Class action lawsuits and federal agency enforcement proceedings have little to do with uncovering corporate fraud, according to a new academic study.