In light of today's revelation that Lehman Bros.tried to do everything possible to ensure its execs looted the firm (ahem, received millions in compensation for their stellar management efforts), one might well say that Wall St. has some big brass ones, asking for the rest of us to bail them out.
And this article in Scientic American speculates that testosterone might be explain some of the problem...
Is testosterone to blame for the financial crisis?
If you've been blaming reckless men for the collapse of America's leading investment houses and the plunging markets, you may be on to something. High levels of testosterone are correlated with riskier financial behavior, new research suggests.
Men with more of the sex hormone made riskier investments than guys with lower levels, according to a study published online yesterday in Evolution and Human Behavior. Just how much riskier? Those with 33 percent more testosterone than average men invested 10 percent more of their dough.