“The Financial Psychopath Next Door,” an article in CFA Magazine by Sherree DeCovny .
The headline-grabbing factoid in the article was an estimate that 10% of people in the financial services industry are psychopaths. And that’s a conservative estimate, according to Christopher Bayer, a Wall Street psychotherapist cited by DeCovny.
DeCovny describes “financial psychopaths” as individuals who seek thrills, lack empathy, don’t care about what others think, are charming and intelligent, and are skilled at lying and manipulation. Citing Richard Peterson, managing partner of MarketPsych (a firm that provides psychological and behavioral finance training for the industry), DeCovny notes that these are some of the traits that also predict success on Wall Street.
To understand the implications of all this, it helps to define psychopathy. It is a psychological condition based on well-established diagnostic criteria. These include glibness and superficial charm, conning and manipulative behavior, lack of remorse and empathy, refusal to take responsibility for one’s behavior, and others.
And more calls for spending to kill people, even though we spend more than the next 13 largest defense budgets in the world, and tax breaks will help balance the budget and remove debt, in whatever country we attack and invade next?
GOP family values – values the kid on the right, because he was born into money. If the girl on the left wanted to live, she would have been born rich. GOP Family values has nothing to do with sick poor kids.
BO should change their name to Brass Sunflower. “the law to destroy the health care system”. Riiiight. The ACA was designed to prop up the current health care system – a corporate controlled system that needs to be destroyed.
BTW, the ACA was passed in 2010, but didn’t come into effect until 2014.
Other people’s money? No, we’re paying into the system, and feel that some of the money we put there should go to help those most in need, because it makes the entire society healthier.
Radish the wordsmith over 6 years ago
Since we have inequity the Greedy Old Pervert party has decided to keep it that way, as long as it works in their favor.
feverjr Premium Member over 6 years ago
From the Harvard Business Review…
“The Financial Psychopath Next Door,” an article in CFA Magazine by Sherree DeCovny .The headline-grabbing factoid in the article was an estimate that 10% of people in the financial services industry are psychopaths. And that’s a conservative estimate, according to Christopher Bayer, a Wall Street psychotherapist cited by DeCovny.
DeCovny describes “financial psychopaths” as individuals who seek thrills, lack empathy, don’t care about what others think, are charming and intelligent, and are skilled at lying and manipulation. Citing Richard Peterson, managing partner of MarketPsych (a firm that provides psychological and behavioral finance training for the industry), DeCovny notes that these are some of the traits that also predict success on Wall Street.
To understand the implications of all this, it helps to define psychopathy. It is a psychological condition based on well-established diagnostic criteria. These include glibness and superficial charm, conning and manipulative behavior, lack of remorse and empathy, refusal to take responsibility for one’s behavior, and others.
….. sound familiar?
Dtroutma over 6 years ago
And more calls for spending to kill people, even though we spend more than the next 13 largest defense budgets in the world, and tax breaks will help balance the budget and remove debt, in whatever country we attack and invade next?
DrDon1 over 6 years ago
Where are the “RWNJ cheers” for this latest GOP $$ grab?
wellis1947 Premium Member over 6 years ago
The typical G.O.P. response to the child in the bed is,“Has the child PAID for that I.V. bag? It durn sure better not be comin’ out of MY pocket”
ahab over 6 years ago
Senator Hatch doesn’t care, and his church hasn’t done anything to change his mind.
NeedaChuckle Premium Member over 6 years ago
Ah, YES all those PRO LIFE Republicans who don’t give a darn how many kids die. They are born already and not worth squat!
Mr. Blawt over 6 years ago
GOP family values – values the kid on the right, because he was born into money. If the girl on the left wanted to live, she would have been born rich. GOP Family values has nothing to do with sick poor kids.
Cerabooge over 6 years ago
BO should change their name to Brass Sunflower. “the law to destroy the health care system”. Riiiight. The ACA was designed to prop up the current health care system – a corporate controlled system that needs to be destroyed.
BTW, the ACA was passed in 2010, but didn’t come into effect until 2014.
Kip W over 6 years ago
Other people’s money? No, we’re paying into the system, and feel that some of the money we put there should go to help those most in need, because it makes the entire society healthier.
Kip W over 6 years ago
Anyway, Chip Diller says all is well!
https://www.youtube.com/watch?v=zDAmPIq29ro