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The Year Of Magical Thinking: Fraud, Loss, And Grief, Jayne W. Barnard
The Year Of Magical Thinking: Fraud, Loss, And Grief, Jayne W. Barnard
Faculty Publications
In The Year of Magical Thinking, her wrenching memoir of the year following the death of her husband John Gregory Dunne, Joan Didion describes the episodes of magical thinking that forestalled her acceptance of Dunne's sudden absence from her life. In the hours after his death, she charged his cell phone. Weeks later, she gave his clothes to charity but kept his shoes because, she thought, "He would need shoes if he were to return."
Modern grief theory tells us that episodes like these are common during the months following a loved one's death, particularly when the death, like …
The Self-Regulation Of Investment Bankers, Andrew F. Tuch
The Self-Regulation Of Investment Bankers, Andrew F. Tuch
Scholarship@WashULaw
As broker-dealers, investment bankers must register with the Financial Industry Regulatory Authority (“FINRA”) and comply with its rules, including the requirement to “observe high standards of commercial honor and just and equitable principles of trade.” As the self-regulatory body for broker-dealers, FINRA functions as the equivalent of the self-regulatory bodies governing other professionals, such as lawyers and accountants. Unlike the self-regulation of these professionals, however, the self-regulation of investment bankers has thus far attracted scant scholarly attention.
This Article evaluates the effectiveness of this self-regulatory system in deterring investment bankers’ misconduct. Based on a hand-collected data set of every disciplinary …