Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

A QUARTER of Wall Street execs see wrongdoing as the key to success
Daily Mail ^ | 7/10/12 | Reuters Reporter

Posted on 07/10/2012 2:17:01 PM PDT by Kartographer

If the ancient Greek philosopher Diogenes were to go out with his lantern in search of an honest many today, a survey of Wall Street executives on workplace conduct suggests he might have to look elsewhere. A quarter of Wall Street executives see wrongdoing as a key to success, according to a survey by whistle-blower law firm Labaton Sucharow released on Tuesday. In a survey of 500 senior executives in the United States and the UK, 26 per cent of respondents said they had observed or had first-hand knowledge of wrongdoing in the workplace.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy; Crime/Corruption
KEYWORDS: clintonlegacy
Navigation: use the links below to view more comments.
first previous 1-2021-4041-51 next last
To: Jack Hammer

I never expected to find apologist for thieves on FR.


21 posted on 07/10/2012 5:58:31 PM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
[ Post Reply | Private Reply | To 19 | View Replies]

To: Kartographer

Let’s not deal with “feelings”, refute what I said if you can.


22 posted on 07/10/2012 5:59:20 PM PDT by muir_redwoods (Legalize Freedom!!)
[ Post Reply | Private Reply | To 20 | View Replies]

To: Kartographer
And the politicians polled about their career classification; say what?
23 posted on 07/10/2012 6:06:31 PM PDT by cricket
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

Those “thieves” are to theft as Conservatives are to terrorism; it’s so because the government Leviathan chooses to call them so.

To paraphrase Andy Warhol, in the Age of Obama, everyone will be a criminal for fifteen minutes.


24 posted on 07/10/2012 6:14:04 PM PDT by Jack Hammer
[ Post Reply | Private Reply | To 21 | View Replies]

To: Kartographer

Do they correlate the results with political orientation?


25 posted on 07/10/2012 7:09:12 PM PDT by jonno (Having an opinion is not the same as having the answer...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

...or religious orientation...


26 posted on 07/10/2012 7:10:08 PM PDT by jonno (Having an opinion is not the same as having the answer...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer
 

 

"According to my opinion, and the opinions of many defectors of my caliber, only about 15% of time, money, and manpower is spent on espionage as such. The other 85% is a slow process which we call either ideological subversion, active measures, or psychological warfare. What it basically means is: to change the perception of reality of every American that despite of the abundance of information no one is able to come to sensible conclusions in the interest of defending themselves, their families, their community, and their country.
 
It's a great brainwashing process which goes very slow and is divided into four basic stages.
 
The first stage being "demoralization".... "
 
--KGB Defector Yuri Bezmenov
--Soviet Subversion of the Free Press (Ideological subversion, Destabilization, CRISIS - and the KGB)
 
http://www.freerepublic.com/focus/news/2095202/posts
 
 
SHACKLE the JACKALS!

27 posted on 07/10/2012 7:15:23 PM PDT by OldEarlGray (The POTUS is FUBAR until the White Hut is sanitized with American Tea)
[ Post Reply | Private Reply | To 1 | View Replies]

To: muir_redwoods

I did with my reference to Ann Barnhardt article.

I guess John Corzine would be your choice for business man of the year.

Nothing like honor among thieves.


28 posted on 07/10/2012 9:36:55 PM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
[ Post Reply | Private Reply | To 22 | View Replies]

To: Kartographer

I’m surprised it’s only a quarter.


29 posted on 07/10/2012 10:22:04 PM PDT by Pelham (John Roberts: the cherry on top of judicial tyranny.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kartographer

“I never expected to find apologist for thieves on FR.”

One of the more laughable aspects of what sometimes passes for ‘conservatism’ around here is the belief that morality can determined simply by whether or not someone is a businessman versus a government employee.

Evidently some kind of Ayn Randian nature god sorts everyone out into the proper slots, with the pure at heart all being in the private sector and the wicked working for government. Ergo anything the private sector does is by definition Not Theft. And if it is theft, it must be the government’s fault.

You would think that some of these geniuses would have heard of Charles Ponzi and Bernie Madoff, among others.


30 posted on 07/10/2012 10:49:07 PM PDT by Pelham (John Roberts: the cherry on top of judicial tyranny.)
[ Post Reply | Private Reply | To 21 | View Replies]

To: Kartographer

I now do.

It’s because Republicans and conservatives, on balance, don’t know jack about financial markets, how they really work and what is going on.

If you asked 100 Republicans or conservatives to explain what happened at MF Global and who it affected, I’ll wager that 99 of these people would look at you with blank expressions... but in the next breath, they’d start babbling something about ‘free markets’...


31 posted on 07/10/2012 11:51:23 PM PDT by NVDave
[ Post Reply | Private Reply | To 21 | View Replies]

To: muir_redwoods

Yea, you know, the government did make telling lies about how much money you have in bank accounts when you’re a FCM or brokerage illegal. Seems that people get a little pissed off when they go to withdraw money from their account(s) and are told “Sorry, your money is gone.”

The government did make pilfering segregated customer money to back up proprietary trades or liabilities illegal... for much the same reason.

But hey, you seem to want to go back to the days of the bucket shop, where when you placed a trade on a stock, the bucket shop wouldn’t even send your order into the actual markets in New York... they’d just pretend to execute your trade because they expected that you were going to be busted out of your position and lose your margin money within a week. From reading Jesse Livermore’s account of those days, it was fun times... if you knew how to rip off the bucket shop. Otherwise, it wasn’t quite as much fun.


32 posted on 07/10/2012 11:56:37 PM PDT by NVDave
[ Post Reply | Private Reply | To 18 | View Replies]

To: Pelham

Or Enron, or Stanford, Gupta, Crazy Eddie, ZZZ Best....

the list goes on and on.

But hey, every one of these guys is a misunderstood champion of capitalism!


33 posted on 07/11/2012 12:01:58 AM PDT by NVDave
[ Post Reply | Private Reply | To 30 | View Replies]

To: Kartographer

So you can’t refute what I said and simply use vague reference and hurl your unrelated accusations. Nice talking to you


34 posted on 07/11/2012 1:05:25 AM PDT by muir_redwoods (Legalize Freedom!!)
[ Post Reply | Private Reply | To 28 | View Replies]

To: muir_redwoods

Calling these people thieves is not a vague reference when hundreds of millions of dollars have been stolen from peoples accounts it’s spot on. And how you can excuse such crimes by blaming government regulations and regulatory pressure is ludicrous.


35 posted on 07/11/2012 6:19:18 AM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
[ Post Reply | Private Reply | To 34 | View Replies]

To: NVDave

Hey Dave long time! Just a warn it looks like we’ve poked a stick into the John Corzine fan club and mostly charter members at that!


36 posted on 07/11/2012 6:22:26 AM PDT by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
[ Post Reply | Private Reply | To 33 | View Replies]

To: Kartographer

Please point to the language I used that you feel is excusing crimes. I commented that the government has over regulated business and plaintiffs attorneys have made even licit activity seem wrong.

I suppose you could take the position that trial lawyers and government regulations are good things and we need more but, if you do so, please don’t call yourself a conservative.


37 posted on 07/11/2012 6:54:52 AM PDT by muir_redwoods (Legalize Freedom!!)
[ Post Reply | Private Reply | To 35 | View Replies]

To: Jack Hammer
But, oh, dear, we shouldn’t have expected money brokers to be interested in... uh... money.

Like Jon Corzine, interested in $1.6 BILLION of OTHER PEOPLE'S MONEY!

No problem there ... he just violated one of the statutes in the book of government rules and regulations which is roughly equal in bulk to the Encyclopedia Britannica.

How about this one? "Thou shalt not steal".

38 posted on 07/11/2012 7:13:23 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
[ Post Reply | Private Reply | To 19 | View Replies]

To: muir_redwoods

The only two things businesspeople can do are “cheat” or “nothing”?


39 posted on 07/11/2012 7:18:25 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
[ Post Reply | Private Reply | To 18 | View Replies]

To: DuncanWaring

And what part of that do you see as exculpatory?


40 posted on 07/11/2012 8:00:39 AM PDT by muir_redwoods (Legalize Freedom!!)
[ Post Reply | Private Reply | To 39 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-51 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson