Prof Nutt said that too many bankers who took the drug were “overconfident” and so “took more risks” and said that not only did it lead to the current crisis in this country, but also the 1995 collapse of Barings bank. He said cocaine was perfect for their "culture of excitement and drive and more and more and more", adding: “Bankers use cocaine and got us into this terrible mess. It is a 'more' drug."
A collection of articles and quick commentary on residential real estate. "It's different this time, really . . . " Ha ha ha. No, it's not. When China goes down, so does Australia and Canada.
Sunday, April 14, 2013
Cocaine contributed to the financial crisis
Financial crisis caused by too many bankers taking cocaine, says former drugs tsar
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment