There is a war on the free markets and it’s not just Obama, OWS, Big Labor and so forth, but Big banks and brokerage house are just as much at war. They repeated get caught steal millions and billions and yet no one ever goes to jail. Tell me what is learned if you cheat, rob, defraud a billion dollars and you get fined a million? You learn that 10% is what you steal is the cost of doing business.
And no we don’t need any more laws we just need the laws that are in place now enforced and start sending people to jail and I ain’t talking ‘Club FED’ style prisons I’m talking the same prison the liquor store robber and the car jackers go to.
PING!
The lines between Wall Street and the Government get more blurry with each passing day.
One might add with the way bonuses are assigned on Wall Street it incentivizes cheating and taking short cuts. Pile on the bonus money and just walk away when it all comes crashing down.
Soros disciples
How much of this “Corporate Wrongdoing” involves opposing Federal Regulations, Federal Regulators and Federal Laws written by Federal Regulators?
BTW, the Regulations for the Dodd-Frank Federal Dictate are still being written by unelected Federal Regulators.
as opposed to 3/4 in the population at large.
Everybody wants accurate information to make intelligent choices that are more than stabs in the dark. But if you have actual accurate information that isn’t available to other people — a way to make real money — you could be prosecuted for insider trading. So, yeah, it’s a thin line between great success and imprisonment.
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A QUARTER of Wall Street execs see wrongdoing as the key to success (and 16% said they'd commit insider trading if they could get away with it) • 24% of 500 surveyed senior executives in US and UK said that success may depend on engaging in illegal or unethical practices • 26% said they had observed or knew about wrongdoing in the workplace
You said: "26% openly admit their wrong doing" That isn't what the story says. It says 26% have observed not committed. Quit bearing false witness, quit lying, and pay your debts while you're at it. Just about 100% of those who default on their obligations don't just theorize or observe wrongdoing but are practitioners of wrongdoing. |
If 26% admit it then the real number in closer to 90%. It is time that many of these types join Luca Brasi and sleep with the fishes.
The government makes almost everything illegal and plaintiffs attorneys make everything else actionable in civil court. Business people feel cheating is acceptable because the alternative is inaction.
“Wrongdoing” of course, meaning anything that violates one of the statutes in the book of government rules and regulations which is roughly equal in bulk to the Encyclopedia Britannica.
But, oh, dear, we shouldn’t have expected money brokers to be interested in... uh... money.
Do they correlate the results with political orientation?
...or religious orientation...
"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)
I’m surprised it’s only a quarter.