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PROFESSOR: Cocaine Caused The Financial Crisis

The former Government drugs tsar, Professor David Nutt, has said the financial crisis was caused by too many bankers taking cocaine.

The controversial academic, who was sacked for claiming that ecstasy was as safe as horse riding, told the Sunday Times that abuse of cocaine caused the financial meltdown.

"Bankers use cocaine and got us into this terrible mess," he told the paper adding that the drug made them "overconfident" and led to them taking more risks.

Nutt, who is professor of neuropsychopharmacology at Imperial College, claimed that cocaine was perfect for a banking "culture of excitement and drive and more and more and more. It is a 'more' drug".

He goes on to claim in the interview that abuse of cocaine led to the financial meltdown, "and the Barings crash".

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http://www.businessinsider.com/cocaine-caused-the-financial-...



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Title should include his

Title should include his name. Professor Nutt.

Is this serious? I haven't even looked at the article.

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Cyril's picture

LOL. That was one of my thoughts too...

LOL. That was one of my thoughts too...

Would "Business Insider" affiliate with The Onion sometimes/somehow or what?

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Cyril's picture

How about amphetamines, then? That works for Mathematicians:

How about amphetamines, then? That works for Mathematicians:

http://www.dailypaul.com/281923/meet-a-great-mathematician-l...

:P

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

egapele's picture

Another reason to legalize marijuana

:)