Tag Archives: greed

Hubris: The Psychological and Spiritual Roots of a Universal Affliction

Michael DeWilde ceibs.edu Introduction The topic of hubris in business and among businesspersons has been taken up in earnest at least since Richard Roll’s celebrated article laying out the argument for a hubris hypothesis in 1986. In the twenty-five years … Continue reading

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Crisis to Suicide: How Many Have to Die Before We Kill the False Religion of Austerity?

Lynn Parramore AlterNet The rate of people taking their own lives is soaring in Europe at such a clip that the trend has given birth to a new media term: “Suicide by economic crisis.” If suicide is a measure of … Continue reading

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Why the Rich Are Less Ethical: They See Greed as Good

Maia Szalavitz TIME While stereotypes suggest that poor people are more likely to lie and steal, new research finds that it’s actually the wealthy who tend to behave unethically. In a series of experiments — involving everything from dangerous driving … Continue reading

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To the manners scorned: upper class more likely to lie, cheat, study finds

Nickie Phillips Sydney Morning Herald IF YOU’VE ever been bullied by a luxury four-wheel-drive owner in the eastern suburbs, you know money does not buy manners. A group of psychologists have observed people from different financial backgrounds and shown upper-class … Continue reading

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Lou Dobbs: Dr. Seuss story indoctrinates children against big industry

Eric W. Dolan Raw Story Fox Business host Lou Dobbs warned Tuesday that a movie adaptation of Dr. Seuss’ children’s book The Lorax was indoctrinating children against big industry. Another movie, the animated Japanese film The Secret World of Arrietty, … Continue reading

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Super Rich The Greed Game

Source: BBC As the credit crunch bites and a global economic crisis threatens, Robert Peston reveals how the super-rich have made their fortunes, and the rest of us are picking up the bill. Robert Peston, the BBC’s Business Editor, speaks … Continue reading

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Seven charged in $60m stock fraud

Source: 7News Greed on Wall Street set a new record, federal authorities say as they unveil a massive insider trading case charging a hedge fund co-founder with engineering a trade that earned a staggering $53 million in profits. The illegal … Continue reading

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Vampire Hedge Funds Are Sucking Greece Dry

Source: AlterNet If Goldman Sachs is a vampire squid, as Matt Taibbi so aptly named it, then hedge funds are like piranhas or sharks, eager to strip the financial carcass to the bone. Who are the real villains on Wall … Continue reading

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Greek rescue blocked by hedge fund greed

Source: Independent Financiers who bought ‘distressed’ Greek debt insist on making vast profits from the crisis. A group of hedge funds is threatening to block a last-ditch attempt to save Greece from defaulting on its huge debt pile, unless they … Continue reading

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IS THERE NO SHAME?

Source: Burning Platform “Never be afraid to raise your voice for honesty and truth and compassion against injustice and lying and greed. If people all over the world…would do this, it would change the earth. ” ? William Faulkner I … Continue reading

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