I imagine it's easier to engage in illegal conduct when you don't know the victim. When hedge fund managers engage in insider trading, they don't know who is on the other side of the trade. I assume they believe it's a victimless crime. They are mistaken.
Our shows document the stories of fraudsters at large, on the run, who have evaded the authorities. There is a reward offered for information leading to their arrest and conviction. Hopefully, we will be able to apprehend one of them as the result of exposing them.
At a time of rising inequality, the marketization of everything means that people of affluence and people of modest means lead increasingly separate lives. You might call it the skyboxification of American life. It's not good for democracy, nor is it a satisfying way to live.
Something strange happens when a loved one dies and it's time to distribute the estate. No matter how close people are, money has the ability to widen wedges and force family members apart. Regardless of how those assets are distributed, someone will inevitably feel slighted.
The current recession has brought into stark relief an underlying flaw, not in American economics but in our consciousness. Money is creating a new, selfish class whose only interest seems to be in greed.
My wise grandfather, who helped raise me as a child in northern Alaska, was born in 1904 into an 'uncivilized' status. He was not a United States citizen, he could not vote, and had to endure business signs that read "no dogs, no natives."
Attached with the bailout of the FMs and the remaining institutions surely to follow will be a veiled warning to the American taxpayer: "we had to bail them out. If they go down the tubes, so does America!"