When I worked in the Financial District back in the nineties, the big-shot investment types loved to talk about accountability. Almost all male, they loved macho posturing. They got big money because they took big risks, they’d say. They were the Danger Boys. They had to lay it all on the line every day.
But if there’s one thing we’ve learned in the past couple of years, it’s that Wall Street lives in a No-Accountability Culture. It’s No Risk, All Reward.
