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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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Economic Collapse Narrowly Averted In Russian Spy Ring Mission To Crash Wall Street?

News : The Inquisitr - News (13 hours ago)

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 (Politicians Are Incentivized to Bail Out Wall Street and Wage War)

Business & Finance : Zero Hedge (4 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

Wealthy, motivated by greed, are more likely to cheat, study finds

News : The Coming Crisis (3 years ago)

People of higher status are more prone to cheating, taking candy from children and failing to wait their turn at four-way stops, a UC Berkeley experiment finds. The rich really are different from the rest of us, scientists have foun... Read Post


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