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tut comments on Persistent Idealism - Less Wrong Discussion
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Doesn't it follow from this (and the fact that fraud is illegal but the authorities are not very effective at ferreting it out) that it would be a good thing for the public if people who were more constrained by ethics than by money took jobs at these banks, so that they can blow the whistle on the next fraud at an earlier stage?
Such people are a very limited resource and I'd rather they go into three-letter agencies, if it's all the same to them X-D