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.
Russian spies were allegedly planning to interrupt signals on Wall Street and prompt a “meltdown flash crash” like occurred in the financial sector in 2010. The FBI believes the Russian spy ring was going to destabilize the same hig... Read Post
Well, there's your problem right there... I've repeatedly pointed out that Wall Street executives are incentivized to lie, cheat and steal. So - of course - they will continue to lie, cheat and steal. I've repeatedly noted that Wall... Read Post