In the days when corporate downsizing was all the rage, Wall Street took a lot of flak for judging companies too harshly and setting the bar for corporate performance so high that executives felt their only option was to slash payrolls.
Wall Street has come a long way from the insider-dominated world that was blown apart by the Great Depression.
On Wall Street, fraudulent schemes tend to thrive during economic booms, and to blow up when times turn tough.