I read in my least favourite freebie paper that Raj Rajaratnam has been found guilty of fraud and conspiracy. Having stolen tens of millions from users of the markets who think they are fair. (Well there has to be a price for stupidity).
They aren't fair. They are full of people who know more than you do (some of that knowledge is even legal!). Insider trading is not a victimless crime. It victimises everyone who owns a share.
And Raj and his buddies at Mc Kinsey and Goldman were already being paid gazillions and gazillions.
Yet they had to steal more!
It must be the pressure of the high tax burden. After the taxman has had his share a few million doesn't go very far. Especially if you have set your heart on a new Ferrari and a flat in Collingham Gardens SW7.
Of course its equally wrong to steal to feed your crack habit.
It's even wrong to steal to pay your mortgage so a bank that got a big fat government handout doesn't repossess it (after you were made redundant by a bank who paid its traders a billion in bonuses - some of whom probably sold info to Raj and the boys ...)
All theft is wrong.
I just know who I despise the most....
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