As protests inspired by the month-long Occupy Wall Street demonstrations against the financial industry spread to cities throughout the world, there are signs that industry practitioners are taking notice. But, rather than facile disparagement, at least one leading specialist said that the complaints and direct action have some merit, and that there is need for a sympathetic response.
“Is this the last gasp of disgust over the global financial crisis of 2008-09, or is it the first shot in a whole new war against finance” asked John Rogers, president and chief executive of CFA Institute, the world’s leading association of investment professionals.
On the assumption...
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