Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Wow, what would anyone do with billions of dollar if their reputation is hit so hard? I'm actually curious about moral position of people who engage in such frauds. Is there any research on such white-collar "crime"? What motivates them and why?


You will probably find the book "Snakes in Suits" enlightening:

http://www.amazon.com/Snakes-Suits-When-Psychopaths-Work/dp/...

You know those charmingly manipulative psychopathic serial killers? It turns out many people like that just aren't violent. Instead, they like money and power.

A person like this probably feels just fine about what they did. "Psychopaths are without conscience and incapable of empathy, guilt, or loyalty to anyone but themselves."


Why would you care about your reputation when you're in a five star hotel at the Caribbean with billions in your bank account?!


Pretty much. That kind of money is "fuck you" money. You can go somewhere away from the business, and pay people to pamper you for the rest of your life. Who would even be able to get close enough to you to tell you yer a shithead?

And, of course, there's the standard business mantra that business is war, and all's fair in love and war. These guys tell themselves that they're just crazy slick and smart, not criminals.




Consider applying for YC's Summer 2026 batch! Applications are open till May 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: