DSPML + Hemendra Kothari + Ethics

I remember Hemendra Bhai mentioning once mentioning that "old world ethics" were nolonger present in the investment banking world. I thought he was taking a pot shot at Uday Kotak, of Kotak bank, who had conered a substantial part of the business.
I wonder if Mr Kothari has turned a new leaf while his firm acted as an advisor to both sides in IDBI - IDBI Bank merger!
These days, i have more respect for prostitutes who sell their bodies for money, than investment bankers in pin striped suits who sell their souls for lucre.