(via Compensation, Too - NYTimes.com)
In other words, Gordon Gekko has been screwing the rest of us since 1980.
You tell ‘em, Cracked!
“A new study gives new meaning to the word “classy” — it turns out wealthier, better educated, more successful people have a greater tendency to lie, cheat and cut off pedestrians while driving, compared with their poorer neighbours.”
One experiment showed that the rich would actually take candy from children! WTF?
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.
(via Pyramid of Capitalist System : Lawyers, Guns & Money)
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.
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Bankers Seek to Debunk Attack on Top 1% - Bloomberg
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.
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People lose cash, business finds it - Winnipeg Free Press
Sounds like redistribution of the wealth — from the poor to the rich.