Survey: Data Theft is Wall Street Drones' Unemployment Insurance
The survey also shows, understandably, drop from 52 to 40 percent of these workers worried about finding another job in the recession over the past year...
This dovetails nicely with a MarketWatch review of The Battle for the Soul of Capitalism, the Jack Bogle book about the "'Happy Conspiracy" of Wall Street plus co-conspirators in Washington and Corporate America" to keep Goldman Sachs rich. The review by Paul B. Farrell, called "15 Signs Wall Street Pathology is Spreading," suggests that contrary to the conventional wisdom of Noble Business vs. Corrupt Big Gummint, key amoral attitudes now common in high finance -- such as "Paranoid obsessives about secrecy, guilt and non-disclosure," "Borderline personalities who regularly ignore conflicts of interest," and "When bankruptcy threatens, bribe friends in 'Happy Conspiracy'" -- have spread to Washington. "Sadly for America," says Farrell, "Goldman's disease is rapidly becoming a pandemic spreading beyond Wall Street's too-greedy-to-fail banks, infecting our economy, markets and government as it metastasizes globally."
It seems we missed an opportunity when we paid off banks instead of publicly hanging a few of their presidents. The moral delinquency of the small fry on Wall Street may be attributable to our permissiveness.