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Wall Street full of psycopaths
Posted: Sat Mar 24, 2012 8:21 am
by Sassenach
http://theweek.com/article/index/225046 ... sychopaths
One out of 10 Wall Street employees is a clinical psychopath, estimates Sherree DeCovny in CFA Magazine, compared with one out of 100 people in the general population.
Why are there so many psychopaths on Wall Street?
In some cases, people with psychopathic personalities seek out jobs in the financial industry, where charisma, confidence, risk-taking, and a singular focus on self-interest are often rewarded. In fact, DeCovny finds that the best candidates for Wall Street positions often display such characteristics. But some Wall Street workers also develop these traits because of the job and its attendant pressures. DeCovny says compulsive gambling, for example, is "often latent — neither they nor anyone else knows they have this propensity."
Re: Wall Street full of psycopaths
Posted: Sat Mar 24, 2012 8:22 am
by Sassenach
Re: Wall Street full of psycopaths
Posted: Sat Mar 24, 2012 8:43 am
by Fat Cat
Disordered personalities at work
Current categorical classification systems of personality disorders (PDs) remain widely used amid growing evidence that argues against the conceptualisation of PDs as independent, discrete entities. Adopting the dimensional perspective of Morey et al. (Journal of Personality Assessment, 49, 245–251, 1985), this study compared PD traits across forensic, psychiatric and “normal” senior business manager samples. There was particular interest in the relative representations of elements of PD closely associated with psychopathic PD because of research suggesting that some “psychopaths” operate within mainstream society, and links that have been made between elements of these so-called “successful” psychopaths, and characteristics associated with success in senior business management roles. The dimensional Minnesota Multiphasic Personality Inventory Scales for DSM III Personality Disorders (MMPI-PD) were shown to be internally consistent for the “normal” sample. Evidence for the qualitative equivalence of the four PD profiles emerged. The PD profile of the senior business manager sample was found to contain significant elements of PD, particularly those that have been referred to as the “emotional components” of psychopathic PD. The findings provide strong support for the continuous distribution of personality disordered traits.
http://www.tandfonline.com/doi/abs/10.1 ... 0001634304
Re: Wall Street full of psycopaths
Posted: Sat Mar 24, 2012 11:32 pm
by Cave Canem
Jezebel Jones wrote:
One out of 10 Wall Street employees is a clinical psychopath, estimates Sherree DeCovny in CFA Magazine, compared with one out of 100 people in the general population.
I wonder what the rate would be among politicians?
Re: Wall Street full of psycopaths
Posted: Sun Mar 25, 2012 12:43 am
by Turdacious
Cave Canem wrote:Jezebel Jones wrote:
One out of 10 Wall Street employees is a clinical psychopath, estimates Sherree DeCovny in CFA Magazine, compared with one out of 100 people in the general population.
I wonder what the rate would be among politicians?
Not possible to do a proper psychological profile on a professional liar.
Re: Wall Street full of psycopaths
Posted: Sun Mar 25, 2012 2:52 am
by Testiclaw
Don't worry, the Invisible Hand of the Free Market™ will keep them all at bay.
Re: Wall Street full of psycopaths
Posted: Sun Mar 25, 2012 6:06 am
by vern
Re: Wall Street full of psycopaths
Posted: Sun Mar 25, 2012 3:05 pm
by DrDonkeyLove
Some occupations call to greedy, manipulative, self-serving assholes who would throw their mother under a bus to further their own interests. Does there have to be a "disorder" involved?
Re: Wall Street full of psycopaths
Posted: Mon Mar 26, 2012 1:22 am
by cleaner464
I have worked on the street for 17 years. I would agree with the article.
It always amazes me when working class folks lionize these psychos.
