Select Page

The Dangers of Money Addiction

Former Wolf Of Wall Street Comes Clean In Op-Ed

One of the things I came to realize was I had been using money as this thing that would quell all my fears. So I had this belief that maybe some day I would get enough money that I would no longer be scared … I would feel successful. And one of the things I learned on Wall Street was no matter how much money I made, the money was never going to do it.

Sam Polk

For the Love of Money

You may be interested to read Sam Polk’s op-ed, For the Love of Money, in the The New York Times on January 18, 2014. It’s a very good read.

I started to see Wall Street with new eyes. I noticed the vitriol that traders directed at the government for limiting bonuses after the crash. I heard the fury in their voices at the mention of higher taxes. These traders despised anything or anyone that threatened their bonuses. Ever see what a drug addict is like when he’s used up his junk? He’ll do anything — walk 20 miles in the snow, rob a grandma — to get a fix. Wall Street was like that. In the months before bonuses were handed out, the trading floor started to feel like a neighborhood in “The Wire” when the heroin runs out.

Sam Polk

Advertisements

About The Author

JoAnn Chateau

JoAnn Chateau likes progressive politics and loves the canines. She writes fiction about an alpha Bichon named Chester, and his friends--with a dash of humor and a dab of poli-sci. JoAnn worked professionally in the Psychology and Information Science fields. Retired now, she enjoys the creative life.

Categories

Archives

Advertisements

Shares, Comments & Awards

It’s always delightful to see that someone has shared one of my posts on their social networks. Thank you. I will try to return the favor. ♥

Please feel free to leave honest, constructive comments, or witty remarks. Your thoughts and feelings are important feedback to myself and other readers. ♥

This blog is award-free (unless a cash prize is involved). 😊 Still, thanks for thinking of me! ♥

Copyright

Copyright © 2013-17 • All Rights Reserved • JoAnnChateau.com

Advertisements
%d bloggers like this: