Investors Can Blame Selves for Scandals, $8 Trill. Loss: AIMR

Retail investors deserve their share of the blame for the stock hysteria that eventually deteriorated into a rash of corporate scandals on Wall Street. That was the frank opinion put forth by the securities analysts, fund and pension executives and public officials who spoke at last Tuesday's webcast, sponsored by the Association for Investment Management and Research from its headquarters here.

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