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The Anti-Goldman Culture

Harvard Business Review

But it isn't true that the entire finance and investment industry is guilty of the cultural lapse that Smith is describing. One of our chapters tells the story of Mabel Yu, a Vanguard fixed income analyst who had the courage to resist buying Wall Street's "toxic waste" in the form of mortgage-backed derivatives.

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Why Bankers Need to Be Put Into Little Boxes

Harvard Business Review

That we resisted the temptation to the extent that we did is a source of at least some consolation for me. The inability to differentiate between Wall Street and Main Street by Washington, as well as by the public at large, has hurt the image of Main Street banks and increased their cost of operations.

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