[latj]

The behavior you describe is the way every investor should act. And the behavior of the underlying fund managers, and the executives of the companies below- they're all acting the way they're supposed to be acting-- maximizing profit, minimizing risk. Its not the fault of whales, greedy fund managers, poorly managed banks, or ineffective governance. This is capitalism and it is working exactly as designed- to funnel private wealth to a few people and distribute the risk among the masses.

[CalChris]

Rent seeking.

https://en.m.wikipedia.org/wiki/Rent-seeking

[John23832]

I'm not saying that rent seeking behavior isn't encouraged by Capitalism. I'm saying that rent seeking behavior is screwing society up.