Thursday, May 24, 2012

PBS Frontline: A view of the MF Global Fraud and Jon Corzine's gambling psyche

In the world of politics and finance, the ones who normally make it to the top are those who have psychopathic traits.  Psychopathy is defined by the lack of emotions, and the inability to understand the difference between right and wrong, moral or immoral behaviors.  This is one of the reasons why many CEO's can change lives so easily during times of layoffs without having a second thought, and how politicians can make policy that affects millions of people without feeling remorse when their decisions go wrong.



The psychopath also never apologizes unless their own personal life or lifestyle is at stake, which makes the entire MF Global fraud scandal so much more intriguing as the former CEO Jon Corzine, has never apologized for his actions, nor felt any real remorse for the over $1 billion dollars of customer funds used and lost in the reckless pursuit of high stakes gambling.

The key indicator of a psychopath, according to researcher Jonathan Zap during his time on Coast to Coast AM on Feb 25th, is the need to take massive risks, with both lives and money, to receive even the most miniscule amount of euphoria, since these people lack the ability to feel emotion in day to day living as normal people do.

On May 22nd, PBS Frontline did an hour long expose of the MF Global scandal, and on the history of Jon Corzine as an individual who wielded charisma, risk, and power like one uses a salt shaker to season their meal.


Watch Six Billion Dollar Bet on PBS. See more from FRONTLINE.


Watch Six Billion Dollar Bet on PBS. See more from FRONTLINE.

In the end, Jon Corzine, as during his days with Goldman Sachs, in the Senate and Governorship positions in politics, and finally at MF Global, did everything to benefit himself, and to feed the ever demanding need for risk and excitement, without a thought or care for anyone who was hurt or destroyed through his actions.

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