from Wikipedia
Are men hardwired to overspend?:
[Via Eureka! Science News - Popular science news]
Bling, foreclosures, rising credit card debt, bank and auto bailouts, upside down mortgages and perhaps a mid-life crisis new Corvette—all symptoms of compulsive overspending. University of Michigan researcher Daniel Kruger looks to evolution and mating for an explanation. He theorizes that men overspend to attract mates. It all boils down, as it has for hundreds of thousands of years, to making babies.
Kruger, an assistant research scientist in the School of Public Health, tested his hypothesis in a community sample of adults aged 18-45 and found that the degree of financial consumption was directly related to future mating intentions and past mating success for men but not for women..
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See the current financial problems are due to men trying to score with the ladies by buying things, like houses, cars and big toys, that are financially risky. The guys that did this had twice the number of sexual partners that conservative men did.
Everyone wants to know how those guys on Wall Street could have been so stupid with their, and our, money.
Now it is revealed. They did it for all the sex they got by taking such financial risks. When it comes down to a choice between financial ruin with lots of sex, or a nice safe pension with less sex, we all know what men will chose.
Research apparently shows that guys who could say they were heavily leveraged into huge numbers of highly volatile CSDs from AIG representing a ginormous number of dollars got twice as much as the guy with a puny little annuity to sell.
So, instead of trying to regulate the industry and treat them like adults, we would have been better off just making sure they got laid. Men don’t have nice pretty tails to spread out to show everyone how ’sexy’ they are. So apparently the men on Wall Street had to show just how sexy they were by being reckless with our money.
There is only one solution: No man should be allowed to run any hedge fund or an publicly traded company, to trade stocks, bonds or any weird sort of ‘opportunity.’ We should only let women do this. Or maybe eunuchs (I’d love that. “Joe, you get to be CEO but we have to take your balls. You’ll get them back when you retire.” See picture above.)
I figure most women would be embarrassed to want a $10 million dollar bonus in a year their company lost $15 billion and got bought out.
Not a guy. He wants that bonus because it makes it more likely he will get laid.
High finance is not so hard. It is all about the sex. Proven by Science!
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