Monday we linked readers to an opinion piece in The New York Times by former Yale professor and literary critic William Deresiewicz. Deresiewicz’s essay and our post led with the claim that 10 percent of Wall Street employees are clinical psychopaths. It looks like that claim is unsubstantiated.
One percent of the adult human population qualifies as clinically psychopathic, exhibiting a lack of empathy and a knack for telling lies and getting away with it. That compares with 10 percent of wheeler-dealers on Wall Street, according to a recent study. American critic William Deresiewicz is not surprised. Update: The 1-in-10 figure is unsupported. See here.
Former Nottingham Trent University business professor Clive R. Boddy is hot on the trail of one of the crucial social questions of our time: Are the people at the helm of our financial institutions “corporate psychopaths” who lack a “conscience, have few emotions and display an inability to have any feelings, sympathy or empathy for other people”?