Unmasking Financial Psychopaths: Inside the Minds of Investors in the Twenty-First Century

Unmasking Financial Psychopaths explores three unrelated - yet crucial - factors that have contributed to the rise of 'financial psychopaths' in society and what this means for financial consumers.

Review

"As a broker on Wall Street and member of NYSE for more than four decades, I've seen a lot of changes in the market, not all for the better. This book describes the background of how the mindset of market participants has changed, leading to unintended consequences arising from increased high-frequency trading and other technologically-driven modifications in the market, such as dark pools, internalization, decimalization, and short sale rules. These changes have resulted in markets that have deviated from their original purpose, which was to serve investors and facilitate the capital formation process for businesses. Unmasking Financial Psychopaths doesn't simply unmask psychopaths it also shows how changes in regulations intended to achieve specific goals have actually resulted in a new market environment that rewards participants for acting in their own self-interest, not necessarily in the best interests of the capital markets or the investing public." - Ted Weisberg, President, Seaport Securities Corporation, USA

"Deborah Gregory has written a thoughtful and penetrating study into the contemporary ills of Wall Street that affected us all in our individual financial security and in our level of trust in those who manage our financial system on a daily basis. Drawing on her knowledge and experience as a university professor in finance as well as her training and clinical experience as a Jungian psychoanalyst, she weaves together the many threads that have produced a culture of financial psychopathy of those drawn to the field of investment finance." - Thayer A. Greene, IAAP, Jungian Psychoanalyst and Training Faculty, C.G. Jung Institute, USA