Business quote of the day.
"It's absolutely gotten worse since the financial crisis."
Greg Smith, former Goldman Sachs banker who has written a book about the way his former firm rips clients off. He told Fortune that since the financial crisis, new regulations have done little to curb bad behavior on Wall Street and the culture has gotten worse. "The frustrating thing is that much of the behaviour that I describe in the book is legal. Unethical, but not illegal."