Wall Street Culture of Risk Term Paper by Top Papers

Wall Street Culture of Risk
A discussion of the culture of risk at Wall Street.
# 130185 | 750 words | 0 sources | MLA | 2006 | US
Published on Dec 01, 2006 in Business (Finance, Investment and Banking)


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Description:

The paper discusses how Wall Street has always fostered a culture of daring based on betting that the financial markets would move in one direction or another. The paper shows how often this daring has translated into market manipulation in order to be certain one's bets would pay off. However, the paper relates that Wall Street of the past half decade has morphed into an even greater culture of risk where the positions that traders on the street hold are often more varied and diverse than they would ever have been in the past.

From the Paper:

"Wall Street has always fostered a culture of daring based on betting that the financial markets would move in one direction or another. Often this daring has translated into market manipulation in order to be certain one's bets would pay off. However, the Wall Street of the past half decade has morphed into an even greater culture of risk where the positions that traders on the street hold are often more varied and diverse than they would ever have been in the past. Much of the reason for this new culture of risk are owed to the interest rates that have been lower than ever before over a longer period of time..."

Cite this Term Paper:

APA Format

Wall Street Culture of Risk (2006, December 01) Retrieved May 10, 2021, from https://www.academon.com/term-paper/wall-street-culture-of-risk-130185/

MLA Format

"Wall Street Culture of Risk" 01 December 2006. Web. 10 May. 2021. <https://www.academon.com/term-paper/wall-street-culture-of-risk-130185/>

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