Fairness On Wall Street
Fairness On Wall Street, sounds like an oxymoron doesn’t it? But I think it is representative of the pressure of the super organism on the individual. Why we as a species triumphs over we as an individual. And this is at the core of why kindness matters. This NY Times Blog Post struck me as significant because it represents one of the intrinsic reason that everything resets itself in favor of kindness – the outrage we all have to things that are unfair (when the cards are stacked against us). And given that the cards are ALWAYS stacked against us, the system is continually resetting itself. Sometimes it takes years, sometimes it takes decades and sometimes even centuries, but the reassuring thing is, no matter what the circumstances, no matter how bad things are, the system is alway trying to reset itself to become fair.
Two things struck me as important, the one who spearheaded the creation of a “fair” exchange, Brad Katsuyama, was described as “RBC nice”. And that once they created a “fair” exchange the big brokerage firms had no choice but to use them on a massive scale.
Click HERE to read a story of Wall Street deceit and treachery and its inevitable return to fairness.
Via NY Times