Bloomberg asks rhetorically. Did Psychopaths Take Over Wall Street Asylum?
Psychopaths caused the financial crisis … And they will do it again and again unless they are removed from power
The Independent quotes a UK investment banker:
“At one major investment bank for which I worked, we used psychometric testing to recruit social psychopaths because their characteristics exactly suited them to senior corporate finance roles.”
Market Ticker makes the crucial point that this is essentially another deflection attempt.
So yeah, sure, we have psychopaths on Wall Street. But the real problem doesn’t lie there.
The root of this problem lies in Washington DC, because without their active cooperation there would have been thousands of indictments, trials and prison sentences handed out by now.
But in point of fact there have been none.
Therefore, it follows that the worst and most vicious psychopaths are in Washington. They care not about rule of law, only that the corruption continues and that they profit from it.