Comments: Banking - licensed to cheat! And whether you'll get away with it.

Research: Bankers and the Religious Will Lie for Money
http://econintersect.com/b2evolution/blog1.php/2014/11/20/research-bankers-and-the-religious-will-lie-for-money
Bankers have tendency to lie for financial gain, say scientists
http://www.ft.com/cms/s/21ef6916-6fd8-11e4-90af-00144feabdc0,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F21ef6916-6fd8-11e4-90af-00144feabdc0.html%3Fsiteedition%3Duk&siteedition=uk&_i_referer=http%3A%2F%2Feconintersect.com%2Fb2evolution%2Fblog1.php%2F2014%2F11%2F20%2Fresearch-bankers-and-the-religious-will-lie-for-money#axzz3Ja2ZHIvt
Study: Religious more likely to lie for financial gain
http://www.salon.com/2013/10/22/study_religious_more_likely_to_lie_for_financial_gain_partner/
Business culture in banking industry favors dishonest behavior
http://www.sciencedaily.com/releases/2014/11/141119132524.htm
Study Finds Banking Industry May Spark Dishonest Behavior
http://time.com/3595882/bank-industry-dishonesty-study/
Deception counts
http://www.atimes.com/atimes/Global_Economy/GECON-01-191114.html
Modern accounts are instruments of deception
http://www.prudentbear.com/2014/11/the-bears-lair-modern-accounts-are.html#more
Cochrane Demands that the Public Unilaterally Disarm while the Banksters Loot
http://neweconomicperspectives.org/2014/11/cochrane-demands-public-unilaterally-disarm-banksters-loot.html
The NY Fed's Attempt To Explain That It Is Not A Subsidiary Of Goldman Sachs
http://www.zerohedge.com/news/2014-11-20/ny-feds-attempt-explain-it-not-subsidiary-goldman-sachs
A Quick Look At Goldman's Takeover Of The US Judicial System: NY Fed Edition
http://www.zerohedge.com/news/2014-11-20/while-ny-fed-just-admitted-whistleblower-segarra-was-right-conflicted-judge-threw-ou
Abdication of Regulatory Oversight of Large Banks
https://www.linkedin.com/pulse/article/20141120034037-20494629-abdication-of-regulatory-oversight-of-large-banks
'The most dishonest bankers walk away with the most money'
http://www.theguardian.com/commentisfree/2013/aug/01/most-dishonest-bankers-most-money-banking-blog
Trader Describes How Dishonesty Pays in Finance, Big Time
http://www.nakedcapitalism.com/2013/08/trader-describes-how-dishonesty-pays-in-finance-big-time.html
Corporate Fraud and Misconduct Risks Driven by Pressure to do 'Whatever It Takes'; Fewer episodes reported by companies with ethics and compliance programs
http://www.informationweek.com/financialservices/news/showArticle.jhtml?articleID=212501185

Of more than 5,000 U.S. workers polled this summer, 74 percent said they had personally observed misconduct within their organizations during the prior 12 months, unchanged from the level reported by KPMG survey respondents in 2005. Roughly half (46 percent) of respondents reported that what they observed "could cause a significant loss of public trust if discovered," a figure that rises to 60 percent among employees working in the banking and finance industry.

... snip ...

If the overall avg. is 46percent and the financial industry is 60 percent, then the non-financial avg may be as low as 30percent ... making the financial industry twice as bad as other industries

Posted by Lynn Wheeler at November 21, 2014 01:45 AM
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