Everything I hear about investment banks is that their job is to rip off rich people. If you don't like that, then use a regular bank and get a regular couple of percent interest.
It's not that simple when you have retail banks and investment banks all tangled up.
There is a huge difference between being a fool vs being misinformed. It's sick how some people in this society can equate 'honesty' with 'foolishness'. Honesty is the fabric which holds our society together.
Also, many would disagree that welfare makes the "world better for everyone." A more competitive outlook would say welfare simply encourages dysgenics on a massive scale and multiplies problems.
All criminals think that way.
> It is related that Cherry Nose Gio, rescued from drowning, spit in the lifeguard's face: "Crumb! Worka fora living.”
The Place of Dead Roads by William S. Burroughs
People born into poverty also didn't agree to any "social contract" - They were screwed from the beginning.
Most "executives" are part of a socioeconomic class who could have left for a different society/jurisdiction if they had wanted to. Staying and then quietly flaunting the "contract" is, if not "fraud", at least acting in bad-faith.