Looks like the soulless SOBs who
wrecked our economy may really be "corporate psychopaths," and yep, they
are still in control of our financial institutions.
According to Bloomberg News:
Clive
R. Boddy, most recently a professor at the Nottingham Business School
at Nottingham Trent University, says psychopaths are the 1 percent of
"people who, perhaps due to physical factors to do with abnormal brain
connectivity and chemistry" lack a "conscience, have few emotions and
display an inability to have any feelings, sympathy or empathy for other
people."
As a result, Boddy
argues in a recent issue of the Journal of Business Ethics, such people
are "extraordinarily cold, much more calculating and ruthless towards
others than most people are and therefore a menace to the companies they
work for and to society."
How
do people with such obvious personality flaws make it to the top of
seemingly successful corporations? Boddy says psychopaths take advantage
of the "relative chaotic nature of the modern corporation," including
"rapid change, constant renewal" and high turnover of "key personnel."
Such circumstances allow them to ascend through a combination of "charm"
and "charisma," which makes "their behaviour invisible" and "makes them
appear normal and even to be ideal leaders."
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