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07-10-11 Study: Wealthy Stockbrokers More Dangerous Than Psychopaths

07-10-11 Study: Wealthy Stockbrokers More Dangerous Than Psychopaths

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Published by William J Greenberg
...the researchers "pitted a group of stockbrokers against a group of actual psychopaths in various computer simulations and intelligence tests and found that the money men were significantly more reckless, competitive, and manipulative." Even more striking, the researchers note that achieving overall success was less important to the stock speculators than the sadistic drive "to damage their opponents."
...the researchers "pitted a group of stockbrokers against a group of actual psychopaths in various computer simulations and intelligence tests and found that the money men were significantly more reckless, competitive, and manipulative." Even more striking, the researchers note that achieving overall success was less important to the stock speculators than the sadistic drive "to damage their opponents."

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Published by: William J Greenberg on Oct 07, 2011
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10/08/2011

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Study: Wealthy Stockbrokers More Dangerous ThanPsychopaths
By David Sirota, AlterNetPosted on October 6, 2011, Printed on October 7, 2011http://www.alternet.org/story/152639/study%3A_wealthy_stockbrokers_more_dangerous_than_psychopaths
Like most people living through this jarring age of economic turbulence and politicaldysfunction, you can probably recall a moment in the last few months when youthought to yourself that our lawmakers and corporate leaders are all crazy. And not just run-of-the-mill crazy, a la George Costanza's parents, but the kind of crazy thatmakes films like "Silence of the Lambs" and "One Flew Over the Cuckoo's Nest" sofrightening.The good news for you is that you aren't insane for thinking this. The bad news for allof us, though, is that according to two new scientific analyses, you are more correct inyour assessment than you may know.The first revelation came from Dr. Nassir Ghaemi of Tufts University. In his recent book, "A First-Rate Madness," he went beyond merely restating the old adage thatanyone crazy enough to run for public office probably shouldn't occupy that office.Instead, the book sheds light on what Ghaemi calls an "inverse law of sanity,"whereby tumultuous times like these actually reward and promote political figureswho are "mentally abnormal (or) even ill." Now comes a new study from Switzerland's University of St. Gallen showing that themost successful of the global financial elite probably pose more of a menace tosociety than known psychopaths.As the website Newser reported, the researchers "pitted a group of stockbrokersagainst a group of actual psychopaths in various computer simulations andintelligence tests and found that the money men were significantly more reckless,competitive, and manipulative." Even more striking, the researchers note thatachieving overall success was less important to the stock speculators than the sadisticdrive "to damage their opponents."The findings build on similar research in the recent past. In 1996, investigators atGlasgow Caledonian University discovered connections between psychopathy andsuccessful financial speculation, concluding that "with the right parenting,(psychopaths) can become successful stockbrokers instead of serial killers." Likewise,in 2004, researchers at the University of British Columbia reacted to similar findingsand created a test to help firms detect "corporate psychopaths" within their ranks. That

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