Goldman Sachs' reputation has been "tarnished", says Altman

May 5, 2010

Are prop desks evil? Industry experts, hedge-fund managers and prop-desk traders mull conflicts of interest.

"One of the areas most misunderstood in risk management is reputational risk," says Ed Altman, professor of finance at New York University's Stern business school. "A single event could blow up an institution.

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