In other words, Gordon Gekko has been screwing the rest of us since 1980.
At one major investment bank for which I worked, we used psychometric testing to recruit social psychopaths because their characteristics exactly suited them to senior corporate finance roles.
While it seems a little “over the top,” it also seems eerily accurate.
Krugman: “Trickle-down economics has now become shut-your-trap economics.”
I think I do have great business idea: poverty porn for our Galtian overlords. Footage of mass misery is just what they need to cheer them up enough to hire another yacht scrubber or two.
Who gives a crap about some imbecile?” Marcus said. “Are you kidding me?” … “If I hear a politician use the term ‘paying your fair share’ one more time, I’m going to vomit,” … “I am a fat cat, I’m not ashamed,” … “You’ll get more out of me,” the billionaire said, “if you treat me with respect.
Pity the poor billionaires and their crippling wealth.
Americans’ wealth last summer suffered its biggest quarterly loss in more than two years as stocks, pension funds and homes values lost value. At the same time, corporations raised their cash stockpiles to record levels.
Sounds like redistribution of the wealth — from the poor to the rich.