Why Wall Street Will Continue to be 2010's Big Story

BY: GOVERNANCE & ACCOUNTABILITY INSTITUTE

ON THE ORIGIN OF PUBLIC “RAGE”:
LACK OF RESPONSIBILITY, ACCOUNTABILITY, EFFECTIVE GOVERNANCE
AND ETHICAL BEHAVIOR ON THE PART OF WALL STREET LEADERSHIP

 
(New York, NY, January 14. 2010) – In his blog “Accountability Matters,” on the Institute’s website www.accountability-central.com, Governance & Accountability Institute Chairman Hank Boerner advises that the Big Story of 2010 will continue to be about Wall Street and the rising rage that the American people feel toward the Wall Street and bankers -- “everyone who did ‘this’ to them, to us, to the nation.”

Who is to blame? Boerner asks: “In the minds of many Americans, Wall Street leadership. Government regulators who took their eye off the ball are a close second. If you define the ‘public’ as voters, constituents, investors, employees, borrowers, homeowners, public officials, entrepreneurs – then all have been impacted by the risky and at times reckless behavior of the leaders of the nation’s largest financial services organizations. The rising public outrage is being heard loud and clear in the halls of congress and in the White House. (We have been hearing in conversations with family members and friends and business associates – where is the public outrage? It’s here.)”

Boerner offers at least six reasons why Wall Street will continue to be 2010’s Big Story. To find out why, please log on to Boerner’s Accountability-Central blog at Accountability-Matters.com.

Hank Boerner is available for interviews through Peter M. Hamilton at the Governance & Accountability Institute: (516) 248 2383 x18 phamilton@ga-institute.com.

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