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I think your language indicates some bias here. To play Devil's advocate for a moment, the bankers that manipulated LIBOR did so for quite some time without bei

I think your language indicates some bias here. To play Devil's advocate for a moment, the bankers that manipulated LIBOR did so for quite some time without being caught. Those whom submitted the rates they thought their bank could borrow from other banks at wielded incredible power, magnitudes more than any VC, i.e. contracts worth $300 TRILLION were influenced by LIBOR. It was shown that these bankers acted, most would agree completely immorally, without conscience, artificially influencing the rates to suit their own trader's positions.

jamesaguilar 13y ago
He's biased because he doesn't buy into the conspiracy theory without some evidence? Hmm.
- enraged_camel 13y ago
  No, he's biased because, by his own admission, he's basing his opinions on anecdotal evidence, i.e. those VCs he has met are very ethical people. Whereas we have a ton more data points to prove that power = corruption. Considering the amount of power VCs yield in Silicon Valley, it's pretty much a given that they break the law and get away with it.