Posts Tagged these men have no soul
Inside the Mind of An Unapologetic Wall Street Investment Banker
Posted by Lance Haley in Bailouts, Banking, Business and Money, Capitalism, Cultural Issues, Economics, Ethics, Financial Crisis, How and Why We Get Screwed, Morality, Politics, Show Them the $$$, Wall Street, Wealth Disparity & the Ultra Rich, financial industry on January 19th, 2010
“The greatest trick the Devil ever pulled was convincing the world he didn’t exist.”
– “Verbal” Kint, The Usual Suspects
Ok. So you may or may not have cared to see or read about the CEO’s of four Wall Street banks who testified this past week before the Financial Crisis Inquiry Commission.
However, wouldn’t you like to literally go inside the mind of a Wall Street investment banker and understand how they rationalize away any sense of responsibility for the untold consequences of the financial collapse? If you have a beating heart in your chest, and blood in your veins, these quotes from a Wall Street investment banker’s blog defending the apparent indifference by these men to the financial calamity that they were complicit in and primarily responsible for creating should send shivers up your spine:
Investment bankers “have absolutely no interest whatsoever in the whys and wherefores of the financial crisis, the proper size and role of banks and investment banks in the domestic economy, or the moral imperatives inherent in stewarding the financial plumbing under-girding the daily lives and livelihoods of six billion people . . . [i]nvestment bankers have almost no interest in why things are the way they are. Rather, they spend all their considerable intellectual and psychological resources on understanding how they can take advantage of the way things are.”
Moreover, “their obvious lack of intellectual curiosity about the sources of the crisis . . . [explains] their resistance to any major change in the way the industry or the markets are regulated . . . changing regulations will [not]necessarily make the industry less profitable . . . [since they] have well-justified confidence in their ability to turn new regulations to their advantage.”
He goes on to conclude, “Don’t look to investment bankers for answers on how we got here. We don’t know and we don’t care [emphasis added]. We take the world as we find it and try to make money.”
After reading this, there should not be a shadow of a doubt in any one’s mind - - they are Financial Terrorists.
These men simply have no souls.