Thursday, December 18, 2008

Five Year-end questions for Wall Street

By David Weidner

NEW YORK (Dow Jones) -- Wall Street was forever changed during this year, but it may be a while before we can tell if its more sinister components were on the road to reform or a rebirth.

As we near the end of 2008, investment bankers, traders, investors and everyone connected to our financial system is wondering what will happen next. Will the machine continue to break down, or have we already started down the path to recovery?

No one is willing to bet on the outcome, but some simple questions may soon be answered that will give us a better idea whether the business of investing and dealmaking will regain a place in our society, or whether it will be frozen out by unbridled greed.

What follows are questions about Wall Street, the Wall Street of capital markets, corporate finance, strategic advice and securities. These are not meant to be questions whose answers will tell us about the future of the economy. It's not a discussion of interest rates and taxes and monetary policy.

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