Greed and Capitalism

What kind of society isn't structured on greed? The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system.
- Milton Friedman

Saturday, January 21, 2012

Prison Beating Clouds Stanford Trial - WSJ.com

Prison Beating Clouds Stanford Trial - WSJ.com: "
BY JEAN EAGLESHAM

Shackled, chained to a gurney and coughing up blood after a vicious prison beating sparked by a spat over a telephone, R. Allen Stanford seemed baffled by a simple question: What is your name?

The answer has come back to haunt what federal prosecutors hoped would be an open-and-shut case against the Texas financier accused of masterminding one of the biggest Ponzi schemes in U.S. history.

"Arthur," Mr. Stanford responded.

That was the first name printed on the badge of the doctor treating Mr. Stanford's multiple injuries, including broken facial bones caused by "smashing of the accused's face into a ..."

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