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Psychopaths: perfectly suited for high finance

You are here: Home / Workplace sociopaths / Psychopaths: perfectly suited for high finance

November 21, 2011 //  by Donna Andersen//  44 Comments

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Why are we facing a world financial crisis? Perhaps because psychopaths are running the show. In a post on the website Reality Sandwich, author Jonathan Zap writes:

Most psychopaths are not violent criminals; they may be more likely to pursue white-collar crime, where the payoff is so much higher and the odds of detection so much lower.

Psychopaths are perfectly designed for success in many fields, especially business, law and politics. They have higher IQs on average than the general population; they are charming, charismatic and manipulative; they can be decisive and take risks without anxiety, and they are ruthless, cunning and coldly rational. Psychopaths often personify many of the traits that the human resource departments of many corporations look for in job candidates:  confidence, charisma, decisiveness, emotional detachment, coolness under fire and relentless drive.

In Part One of the article, the author gives a pretty good description of the psychopathic personality. In Part Two, he discusses examples of psychopathic behavior in business, referring to cases such as Enron and Bernie Madoff. He makes many valid points.

Read Foxes and Reptiles: Psychopathy and the financial meltdown, on RealitySandwich.com.

Link supplied by a Lovefraud reader.

Category: Workplace sociopaths

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Reader Interactions

Comments

  1. Shalom

    November 22, 2011 at 8:16 pm

    Geez Milo!
    Chin hairs!!!! Not a Brazilian!!! OMG! Beer coming out of my left nostril! Can’t stop laughing.

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  2. KatyDid

    November 22, 2011 at 8:16 pm

    Hens,
    Did ya do clip her toenails too? That was part of our bargain but I told my friend, if she won’t groom her toenails, I sure as hell wouldn’t either.

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  3. KatyDid

    November 22, 2011 at 8:34 pm

    Athena
    Once I finally identified my husband’s dominate drive, EVERYTHING fell into place. It all made sense. ALL the abuse MADE sense.

    My husband’s number one driving motivation in all he does is to WIN, to be on top, to dominate, to prevail. He MUST WIN. And ONLY HE choses what WINNING means to him but it always involves destroying someone else. That’s why he’d make choices that were not in his best interest. He’s lost opportunities for HUGE income b/c he was so adamant, so determined to put someone in their place and let them know they helped sabotage their own life, b/c he LEAD Them into a trap where they lost their wife and their business, ALL b/c they challenged my husband in some way.

    When we were dating, we took ballroom dancing lessons. I am musically gifted. My husband can’t clap to the beat of music if his life depended on it. He’s been told over the years what a wonderful dancer he is. But he’s not. He knows the steps, but not the beat, not the form. And I made a stupid remark, that he danced as good as I sang. He knows I can’t sing. I didn’t think a thing of it. After all, the point was to enjoy it and as long as he enjoyed it, I loved dancing with my love. 20 year later, the way he picked up all his OW, you guessed it, he was sneaking out to dance lessons. They women all LOVED him. He was charming, and since he was a bad dancer, they took him on as a project, extra practice…. a tango….etc. It was his revenge. 20 years later. HE NEVER forgot a comment and VENGANCE was his, to put me in my place, crush me with punishment for my words. Despite that I didn’t care if he had talent, b/c I thought enjoyment with my love was the object. But you see, for my husband, Enjoyment with a love was NOT HIS objective. Domination was. Control was. WINNING.

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  4. KatyDid

    November 22, 2011 at 8:50 pm

    Hens
    You are so naughty. I’d have spanked your lilly white too. heheheheehe. Bet she loved telling the stories about you. Sometimes ya gotta discipline at the same time you hide your laughter.

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  5. KatyDid

    November 22, 2011 at 9:25 pm

    Oh Hens
    Well he survived the uncivil war. But war at 13. What that must have done to him. oops my timer went off, must do my baking now. Later ya’ll. Hens, have a nice thanksgiving. I sure thank you for bein you. Has made me happy.

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  6. KatyDid

    November 22, 2011 at 10:25 pm

    hens, they call it PeeKhan down heeyah. pumpkin bread outta da oven, now baking cookies. ding agin.

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  7. MoonDancer

    November 22, 2011 at 11:04 pm

    peekhan or peecan I like em both ~ ! yay ~! JR and Carina won on DWS – ok pumpkin time for me..

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  8. KatyDid

    November 22, 2011 at 11:08 pm

    sorry. hens. i bake lots of goodies but have never baked a pecan pie. i will say i make the BEST lemon merange pie ever. and the BEST chocolate cake. and the BEST tollhouse cookies. i am NOT making any of them this thanksgiving b/c i want to be able to eat a little desert and not be tempted to stuff my face with sugar… like i usually do.

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  9. ErinBrock

    November 22, 2011 at 11:41 pm

    OMG….Peekhan pie is my ABSOLUTE FAVORITE! And its so damn easy to make……..I gotta pretend it’s hard, so I don’t make it!!!
    I also LOVE Bread pudden……..
    THANK GOD my oven is broken, so no baking over here this year! 🙂

    I did buy myself a present though…..but it won’t get it hooked up in time for the holidays.
    When I moved, I had to sell my 48 inch Viking stove. It was a BEAST! I loved that stove! My rich boss gave it to me when they went on a trip to Italy one year…..she didn’t like the griddle, so she asked that I have that one removed and could have it, and replace it with the 48′ Viking with the grill instead….by the time she got home.
    I told her with a huge smile….I thought I could get that accomplished in the next month! 🙂
    My little house just couldn’t accomodate a stove that large….so with regret I sold it.
    My oven went out before I moved in here……and I looked on CL and last week was able to find and get down to buy in time……a 36′ professional Thermador with 6 burners with the hood.
    I’m excited to tear my kitchen apart and get it installed…..but, like all things……..it’ll have to wait a bit.
    My furnace went out tooo………so that’s first!

    Katy…..if you and I lived together…..I’d be 2000 lbs fer sure!

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  10. Ox Drover

    November 22, 2011 at 11:49 pm

    OHHHHH! We’re on the way to Katy’s house for dessert! Yea, I think we’d all gain 50 pounds! LOL

    Wow, EB what a score! I’ve been baking too, stuff to take to the encampment, and for the boys to eat when I come home every night…and 3 gallons of my special spiced cider! Yum!!!! So we will be taking off tomorrow morning to set up camp, but I’ll be home every night to take care of the dogs, ducks and piggies.

    Well, you guys have a wonderful TG holiday and I’ll try to check in and see how you’re doing in the evenings when I get home—if I’m not too dead tired! (((hugs)))

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