Word: greed
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...additive found in products from cosmetics to soft drinks. The $100 million fine, the largest ever levied in a criminal antitrust case, was more than six times the amount of the previous record settlement. Further, ADM will pay an additional $90 million to settle civil suits. "In essence, greed, simple greed, replaced any sense of corporate decency or integrity" at ADM, said Joel Klein, the acting Assistant Attorney General for antitrust...
...Darwinian lights, the classic sins, such as gluttony, lust, greed and envy, are the unchecked expression of impulses that arose by natural selection. During evolution, individuals with strong innate yearnings for food, sex and material goods did a better job of surviving and reproducing than individuals less drawn to these things. So we inherited genes conducive to such yearnings. In the same manner, anger (another of the deadly sins) became a naturally engrained tool of survival, aimed, for example, at those who would take our food or our mates...
...essentially pre-technological context of human evolution, impulses such as gluttony, greed, even lust, were often blunted by scarcity. Only amid the material abundance that came with agriculture and grew thereafter could self-indulgence regularly reach grotesque levels. (Sodom and Gomorrah lay in the fertile plains. Their residents sinned amid plenty while Abraham herded his flock in rustic innocence on dryer terrain.) Similarly, anger acquired a new layer of evil with the invention of knives and spears, to say nothing of guns...
...year off to edit the ill-fated St. Louis Sun newspaper and obsess over his beloved Cardinals). Kadlec's Money in Motion column will mix financial advice with stories about the personalities of today's Wall Street, which he describes as somewhat kinder and gentler than in the greed-filled '80s yet "still plenty exciting with the push to be global and America's renewed interest in mutual funds." This week he offers a skeptic's take on the stock market as it continues its record-setting bull run. "Don't be blindsided," he suggests bearishly. "The market keeps...
...around the time that greed got dropped from the list of the Seven Deadly Sins, the informal first-wives club gave way to a marketplace ethic. In magazines, books and movies, a new trophy wife was viewed as one more perk for the corporate shark, career-enhancing proof that his manly takeover skills weren't limited to the boardroom. After all, wife No. 1 was old-think, a mom-and-pop store in an age of mergers and acquisitions. Wife No. 2 by lavishly spreading the shark's money around to hospital and museum boards, was soon lionized...