Description:  With firms like Goldman Sachs and Morgan Stanley reporting weak results for last year, Wall Street is having to confront doubts about itself.

Source: NYTimes.com

Date: 01/19/2012

Link:  http://dealbook.nytimes.com/2012/01/19/the-new-normal-on-wall-st-smaller-and-restrained/?ref=business

Questions for discussion:

• Summarize the key points presented in the report.
• Do you agree with these assessments?
• Is this a good or bad scenario, in your opinion?