Screw manufacturer Reinhold Wuerth, a German billionaire, has ordered over 1000 of his employees to slash their hours and take pay cuts of up to 15%. At the same time, he christened his new 100 million dollar luxury 270 ft. yacht.
Oh, by the way, he is a convicted tax evader.
French financier Daniel Bouton, disgraced head of a bank that lost 5 billion dollars in a rogue trading scandal, will receive a 25 million dollar pension from his now destitute company.
Former Merrill Lynch CEO John Thain lobbied for a 10 million dollar bonus for himself, in a year when his company lost 11 BILLION dollars and laid off 30,000 employees.
One of the descriptions of 'sociopath' is someone who has disregard for the welfare of others. Are wealthy industrialists and financiers like the above good examples of sociopathy?
If John Thain were hit by a truck, who would care?