Wall Street bankers say good riddance to 2002

Newswire

By Brian Kelleher and Jonathan Stempel NEW YORK, Dec 27 (Reuters) - For Wall Street bankers, 2002 was a year to forget. Falling stocks, a fitful economy, war threats and corporate accounting scandals curtailed securities underwriting and, for a second straight year, banking revenue. The year "2002 turned out to be a tougher operating environment than any of us expected," Goldman Sachs Group Inc. Chief Financial Officer David Viniar recently told investors. A meaningful investment ...

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