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burnt_umber_ciera t1_jefej76 wrote

I guess we just disagree then. There are so many examples of intelligence not correlating with ethics that I could go on ad infinitum. Wall Street has some of the most intelligent actors yet have been involved in multiple scams over the years.

Enron is what I meant and I don’t agree with your characterization.

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Frumpagumpus t1_jefzlkj wrote

funny, I would say,

wall st has gotten both smarter and more ethical over the years, and substantially so

mutual funds -> etfs

gordon gecko types -> quants

even scammers like SBF have gone from cocaine and hookers lifestyle branding to nominally potraying themselves as utilitarian saviors

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