With everything that has happened on Wall Street over the past 18 months, you'd think we had seen just about everything right? Wrong!
Two of the most remarkable frauds in the history of finance were exposed this week. They are just beginning to unravel and as such we don't fully understand the magnitude of the crimes. But already I can tell you they are of epic, even cinematic, proportions. This is really from the "can't make this stuff up" school of news. These two miscreants aren't just every day corner-cutters, they are world-class whack.
Emphasis added by me.
Go to the article for the gruesome details.
Why did it take everyone so long to wake up the fact that people who want to swing around multi-billion-dollar dicks are not normal, are not sane, are creatures who should be locked out of the financial system?
A normal person comes into a windfall and it's often more than enough. Someone who, for example. is a big lottery winner often doesn't go around trying to pump up the volume on that. They know when they've been lucky, they know the value of money, they know themselves, and they've had a grounding in reality and in real, everyday life.
These people who pocket four-hundred million dollar bonuses from a Board of Directors they appoint -- this is not normal greed. This is Ultra Avarice. This is Fuck You Sociopathology.
Previously here:
Ayn Rand: Discredited By Greenspan
Chronicles Of Depression 2.0: #351: Sociopaths
Chronicles Of Depression 2.0: #255: Jackals
Chronicles Of Depression 2.0: #238: Lottery
Chronicles Of Depression 2.0: #174
Chronicles Of Depression 2.0: #011
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