5 ms·
First, the article did not spend pages on his Asbergers - the vast majority of the article was devoted to describing the systemic problems in banking and the LI
by ucsfgrad 11y ago
First, the article did not spend pages on his Asbergers - the vast majority of the article was devoted to describing the systemic problems in banking and the LIBOR rate.
Second, Hayes is the first person to be convicted, the article describes him in depth as a nod to the industry's and prosecution's argument that a few trading superstars are responsible for the corruption of the LIBOR. The article is quite sympethetic to their narrative of Hayes having the right combination of brains, risk-appetite, and carefree attitude that led him to take advantage of the system's problems, bolster his career and ultimately his arrest.
Third, Hayes' lawyers used his Asbergers in his defense. If anything the article is ignores that diagnosis and holds Hayes accountable for actions.
>Journalism, especially long-form journalism, is just a spectacularly bad medium for talking about systems problems.
what is your alternative?