Greed is something that can take over a person in no time. A person’s greed can cause them to make irrational decisions that end up effect no only them but everyone around them. This couldn’t be truer in Wall Street. A person’s greed can cause harm to a couple people and even to the entire nation. Laura L. Hansen, that has a PhD in sociology, couldn’t have made this idea anymore clear when she said,” One of the most popular explanations of the contemporary financial crisis with its disastrous social and economic consequences is personal greed, a “selfish” pursuit of “self-interest” that has no recognition of others at its boundaries or limits and involves no connection between satisfaction and further pursuit of attainment.” (Hansen, 2010)This is proof that investors in the stock market can cause harm to the entire nation. This is important because greed has been a contributing factor to the recent financial crisis. This seems so crazy that a couple individuals can cause the entire nation harm. This helps prove my point that greed not only affects the person but everyone around them. This may be an extreme case on how it affects everyone in someway, but it is sadly true. It is just alarming how a few bad apples on Wall Street can cause so much havoc. It is a scary fact and I hope that there are steps to take to change this fact. Something has to be done or Wall Street greed will lead to more problems down the road.
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