Chief executive tells legislators that when clients approach the investment bank as a market maker to buy or sell securities, they don’t care what the firm thinks of the securities or whether it’s betting against them.
MarketWatch.com - Top Stories, MarketWatch
Tue, 04/27/2010 - 4:05pm
Chief executive tells legislators that when clients approach the investment bank as a market maker to buy or sell securities, they don’t care what the firm thinks of the securities or whether it’s betting against them.