Wall Street Research Revisited


Several months back, we looked at the developing mess involving Wall Street research on corporate clients, the vested interests involved and the potential conflicts of interests (IMD, Jan. 14). It’s time for an update.

We were most surprised--and slightly suspicious--to find that the Association for Investment Management and Research (AIMR) is now airing a series of radio advertisements in the US. Sample: "You’ve spent the better part of your life earning your money. What has your investment