The problem with most Wall Street analysts and CFAs is that they assume accounting is math. Accounting is artwork and opinion.
Imagine that in the fight against organized crime, the best that the government could do is levy fines. Then, think of Wall St and banks.
Memo to Investors: Behind every major securities fraud is a company that was cleared by investment bankers' due diligence.
Under NYC Mayor @BilldeBlasio, street criminals need not fear the police any more than criminal Wall St banksters fear the Feds.