Most of us have had a similar reaction to the study that found that cheating is just another tool used by executives on Wall Street. That reaction is: "No shit Sherlock."
My take is that corruption is like the plague of wildfires that the western U.S. is experiencing--we reap what we sow.
Our you can think of it like the steroid era in baseball. I remember hearing a player on sports talk radio when the steroid story first broke explaining why steroid use was so widespread. He said that a minor league player who was talented and hard-working would not be able to stay clean while his equals using steroids made it to the big leagues. This former player said too much was at stake: lifelong dreams and millions of dollars. The same is true for executives on Wall Street.
These men (and a few women) judge themselves by how much money they make and how conspicuously they can consume. When that sense of self is combined with our current political climate where leaders state that "regulations kill jobs" and the hyper-wealthy are "creators," then the wildfires of cheating have a perfect mix of fuel and conditions to burn through our entire economy.
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