It’s a long story. The truth is it started fad­ing while it was still grow­ing in impor­tance.  The first cul­prit was invest­ment bank­ing.  Stock trad­ing com­mis­sions were some­thing like 5c per share while invest­ment bank­ing deals offered $1 or even more per share.  No won­der peo­ple were dis­tracted by the money.  Suc­cess­ful sell-side ana­lysts not […]