Over the years, many in the public have become numb to news of financial corruption, partly because too many of these stories involve banker-on-banker crime.
Sentiment: NEGATIVE
One thing I detest most about the financial press is the lack of accountability. All sorts of nonsense is said without penalty.
As a columnist, I realize that whatever amount of corruption I expose, half my readers will block it out, although they may get a frisson of joy in the process.
The only reason investors haven't run screaming from an obviously corrupt financial marketplace is because the government has gone to such extraordinary lengths to sell the narrative that the problems of 2008 have been fixed.
It's interesting that these themes of crime and political corruption are always relevant.
We must show there is good in society. If you read the newspapers, you think there are only crooks in this world, but that's not true.
Whenever there are some who have more opportunities than others, this feeds corruption.
Changing much-cherished bank secrecy laws is worth the effort. Corruption, tax evasion, and the capture of natural resource revenues undermine the rule of law, weaken the social fabric, erode citizens' trust in institutions, fuel conflict and insecurity, and hamper job creation.
Corruption is something you face all the time. Avoid it.
In large commercial cities, the money power is, I fear irresistible. It is not by open corruption that it always, or even most generally, operates.
Well, the role of money in politics is pretty corrupting right now.
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