4. Conflict of Interest
I was selling JPMorgan funds that often had weak performance records, and I was doing it for no other reason than to enrich the firm. I couldn't call myself objective.
— Geoffrey Tomes, an ex JPMorgan analyst who left the firm last year and is now an adviser at Urso Investment Management
Source: New York Times Dealbook
Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio