Friday, July 30, 2010

The Wages of Sin: Former Citi Execs Pay Token Fines for Lying to Investors

by Yves Smith from Naked Capitalism

She illustrates how the drivers of profit for the ruling class can and do lie with impunity. Well, don't all ruling classes and servants have their perks? The author doesn't seem to realize that the system creates sociopaths and lavishly rewards their criminal behavior.