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Richard Schiffman: Do the Wealthy Lie, Cheat and Steal More Than the Rest of Us?

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.
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Kevin Roose's Book About Young Wall Streeters Has Been Optioned For A TV Show

Business & Finance : Business Insider: Clusterstock (6 months ago)

Fox TV Studios has purchased the rights to Kevin Roose's new book " Young Money: Inside the Hidden World of Wall Street's Post Crash Recruits," a source familiar with the matter told Business Insider. Roose, a business and technolog... Read Post

Are wealthy people more likely to be liars?

Business & Finance : The Week: U.S. Business (3 years ago)

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

Well, There's Your Problem Right There (Politicians Are Incentivized to Bail Out Wall Street and Wage War)

Business & Finance : Zero Hedge (3 years ago)

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


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