Did Psychopaths Take Over Wall Street Asylum?: William D. Cohan

Lock
This article is for subscribers only.

Jan. 3 (Bloomberg) -- It took a relatively obscure formerBritish academic to propagate a theory of the financial crisisthat would confirm what many people suspected all along: The“corporate psychopaths” at the helm of our financialinstitutions are to blame.

Clive R. Boddy, most recently a professor at the NottinghamBusiness School at Nottingham Trent University, says psychopathsare the 1 percent of “people who, perhaps due to physicalfactors to do with abnormal brain connectivity and chemistry”lack a “conscience, have few emotions and display an inabilityto have any feelings, sympathy or empathy for other people.”