Finally, the FBI seems to have realised that white collar crime is a serious problem and a threat to society. It's taken them long enough.
Reuters reports that the FBI's Behavioral Analysis Unit has been targeting securities fraud. It's profiling Ponzi schemers like Bernard Madoff.
The reality is that the FBI had done nothing about white collar crime for years, and because of that, Ponzi schemers were thriving.
In this subsequent Reuters report, they detail the eight traits of typical white collar criminals.
1) a controlling personality
2) hard-charging and overly aggressive
3) charismatic and charming
4) lack of transparency in dealing with clients
5) revenge
6) greed
7) hunger for power
feeling of intellectual superiority
Come to think of it, that pretty much sums up everyone on Wall Street. How many do they plan to arrest?
no comment untill now