Cleaning Up Wall Street's Mess
First it was accounting: Enron, Andersen, Xerox, plus numerous other companies that cooked their books to make them look better and -- in many cases -- to make top execs richer.
Now it's Wall Street, where during the great bull market some brokerage-house analysts hyped stocks that both they and their employers knew didn't merit so much praise -- just so everyone involved (except, perhaps, investors) could get richer (see BW Cover Story, 5/13/02, "How Corrupt Is Wall Street?").
You'd have to go back decades to find investors who can recall the last time so many first-class names in American business were tainted by so much sleaze -- and calling into question the way major companies are run (see BW Cover Story, 5/6/02, "The Crisis in Corporate Governance").
How widespread do you think unethical activity is in Corporate America? And what should be done to protect investors and head off future scandals? Those are some of the issues we address in this BusinessWeek Online Reader Survey. Please remember, this isn't a scientific poll, since anyone who wants to can participate. Still, here's your chance to register your two cents on what should be done: