A particularly troubling and consistent finding throughout the survey is that Wall Street’s future leaders-the young professionals who will one day assume control of the trillions of dollars that the industry manages-have lost their moral compass, accept corporate wrongdoing as a necessary evil and fear reporting this misconduct.’

In a shocking new survey [3] commissioned by the Labaton Sucharow law firm, Wall Street insiders say that breaking the law, screwing your clients and covering up crimes is a way of life on Wall Street. The shock is not that cheating is going on. We all know that. The shock is that these financiers would actually admit it on a survey. This should tell us that the Wall Street culture is so brazenly corrupt, so confident of not getting caught, so certain that a passive public won’t fight back that those surveyed didn’t even bother to lie about the fact that they were living, breathing sociopaths.

Here are some of the key findings of this sample of 250 traders, portfolio managers, investment bankers, hedge fund professionals, financial analysts, investment advisors, asset managers and stock brokers.

Catch me if you can!

‘24% of financial services professionals likely would engage in insider trading to make $10 million

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