The insane feeding frenzy on Wall Street prior to the crash may be less about greed than a species of machismo. Money, for the rich, is not just a medium to purchase things; it is a measure of status in that rarefied world where you are judged by the heft of your take home pay.
Follow Zerohedge in Real-Time on Financialjuice FEAR & GREED INDEX - What Emotion dominates the market? NOW: 78/100 GREED 1 WEEK AGO: 77/100 GREED 1 MONTH AGO: 28/100 FEAR 1 YEAR AGO: 56/100 GREED SAFE HAVEN DEMAND – GREED - Stocks ... Read Post
The rich are more likely to lie, cheat, drive rudely, support unethical behavior at work, and, yes, even "steal candy from a baby," according to a new study published in the Proceedings of the National Academy of Sciences. Social ps... Read Post