Sam Antar says it all. Whom he calls criminals, I call sociopaths.
[Sam Antar] was one of the criminal masterminds behind New York’s famous Crazy Eddie scam. He was a CPA, and he was the CFO of Crazy Eddie, and he readily admits to securities fraud, skimming, money laundering through a technique he calls the “Panama Pump”, and a variety of other crimes. He’s a convicted felon.
http://www.wallstreetoasis.com/blog/sam-antar-of-crazy-eddie-spills
The above blog also had a comment worth noting:
Wall Street leaders now understand that they made a mistake, one born of their innocent and trusting nature. They trusted ordinary Americans to behave more responsibly than they themselves ever would, and these ordinary Americans betrayed their trust.
Bwah, ha, ha, ha, ha. Bwah, ha, ha. Or am I slow, is he being ironic?
Unless I’ve overlooked something, you haven’t posted anything about the *refutation* of the idea that stock market traders are sociopaths. Unlike the goal-focused behaviour of psychopaths, stock market traders were found to behave like people keying their rivals cars for status.
Although they were found to have some sociopath-like traits, because they were egocentric liars, the traders were empathic, and to blame sociopaths for stock market crashes is scapegoating.
http://www.thespec.com/news/business/article/600999–traders-machiavellian-with-a-side-of-psychopath-research
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