What is worse than committing a financial crime?
financial crimes veiled as altruism
two financial crimes
Sexual assault
Financial crimes done specifically by someone in power
Driving while intoxicated (alcohol and/or drugs)
Election fraud
Racism against black people
Discrimination based on race
financial crimes committed while doing a really offensive accent
Drinking and driving at a NASCAR event
Racism against Asian people
Sexual harassment
Discrimination based on sexual orientation
Similar size financial crime committed by professional like lawyer or accountant who should know better but may have more at stake with risk of being struck off
Stealing from the poor and giving to the rich
Abusing/taking advantage of the trust of a person or people who care about you
offering drugs to a minor
stealing from the rich and giving to one specific deranged and violent alcoholic
Racism against white people

The spirit of this market is - someone did something that is worse than committing a financial crime. What could that be?

Examples of financial crimes: Fraud, embezzlement, money laundering, bribes, tax evasion, counterfeiting, insider trading, etc.

If an answer seems obvious (you guys push the % high or low and most traders are on one side of the fence) the poll will occur quickly. Otherwise after a week or two of the answer getting added I'll put the poll up. The idea is things you guys aren't sure about will get more time than things yall agree on.

These polls will have

  • Yes

  • No

  • Unsure

  • Results

If there are more Yes than No the answer resolves Yes or vice versa.

Current Polls:

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Finally something that seems really clear.

The marginal disutility of losing money is increasing; the first €100 you're scammed of hurts you less than the next €100.

So a 50% probability of losing 2X is worse than a certainty of losing X.

@BrunoParga Maybe, but I think more relevantly: If it depends on a coin toss then it is not a 'forced by circumstances' crime which makes it worse.

@ChristopherRandles I assumed all else equal.

bought Ṁ25 Answer #ef5acc9f7524 NO

The Robin Hood scenario. 😁

This is too vague. It depends on the dollar amount, and who the victims are.

I recommend "Doin' Your Mom" for anyone considering field research on this topic.

offering drugs to a minor

This one is so hard. Marijuana to a 17yr old is 🤷🏼‍♂️ while fentanyl to a toddler is clearly terrible.

Why are the 2008 bank bail outs so bad? They were just loans to banks that needed them, and kept the economy afloat

@justadude Arguable it was the only decision to make, and the US government profited in the end. It's about public perception when everyone was struggling, less about the facts of the bailout.

@Haws I don't disagree that the bailouts were necessary, just pointing out that the banks were seens as the source of the problem.

The bailouts are disliked becasue they were a failure of accountability and a symbol of the unfairness of the system. The banks had created the issue in the first place by exposing themselves to toxic securities (while at the same time fuelling the crazy mortgage environment that made the toxic securities possible). Then when it turned out it was a disaster, they got bailed out.

If the common guy makes bad investments they become homeless. If a bank makes a bad investment (or even better a lot of banks do) then they get a slap on the wrists and more money.

@Odoacre Worse: this precedence send the message that private profit and pubic risk is indeed the pattern to assume going forward and encourages future behavior like the one that caused the mess.

@Odoacre >If a bank makes a bad investment (or even better a lot of banks do) then they get a slap on the wrists and more money.

But they're not given more money. They're given a loan. On net they lost a lot of money from their bad choices.

@justadude oh it was a loan ? As in you think there was a chance they could lose that money as well ?

@Odoacre They had to pay back the loan, so they "lost" the money in that sense. If you mean there was a chance they could fail to pay back the loan, yes there was a chance of that, but the government decided it was worth the risk, and I'd agree with them.

Forcing someone to stay awake for 72 hours straight is horrifying torture, the Nickelback part of this is inconsequential in comparison.

You monster! 😂

Reminds of a joke: when Nickelback albums came out in vinyl, you could play them backwards and hear messages from the devil; even worse: you could play them forwards and hear…Nickelback.

financial crimes committed while doing a really offensive accent


Discrimination based on race

really ? being a racist is worse than stealing money from poor people ?

bought Ṁ10 Drinking and driving... YES

@Odoacre we don't know for sure the 'typical financial crime' is against poor people, personally my intuitive mental image is like ponzi scheming rich people or something

@TheAllMemeingEye I think in general poor people are the most vulnerable vs financial crime since they have the least way to fight back and in general lack the financial education and sophistication to realise it's a scam in the first place.

The wolf of wall street guy made his money by (among other things) selling trash stock to pensioners.

Some financial criminals, like Bernie Madoff and Sergei Mavrodi, have ruined millions of lives and caused several suicides, which is worse than all of the crimes listed here. Others have committed financial crimes without any real victims. Which crimes does this question refer to?

@HthePenguin Sinclair said firstuserhere did things that were worse than financial crimes, this market refers to those financial crimes.

Racism against white people

Are you people saying the master race cannot be bullied?

@admissions there is no master race afaik

@admissions small communities of poor white people can be discriminated against in nations of majority non-white people (e.g. the white slums of South Africa) but it is far rarer and usually less severe than the more infamous vice versa

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