Thus the Financial Times today. “Experiments show ‘prevailing culture undermines honesty’,” elaborates the newspaper. That is the conclusion of research conducted by a group of economists from the University of Zurich, Switzerland. The research involved more than a hundred employees of a large international bank that remains unnamed. They came from different departments, such as private banking, asset management, investment banking, human resource management, and the like. Among other things, they were asked to play a coin-tossing game. Each had ten tosses. They were told that one answer was “correct” and that they would get twenty dollars for each correct answer. The tosses were not observed, and the participants were free to cheat. A group with significantly more than fifty percent correct answers would be marked for cheating. On the average, the bankers went for close to sixty percent of correct answers, an exceedingly unlikely result. Some of them won the full two-hundred dollars, too. Interestingly, these results are now all over the World Wide Web. It is as though everyone is gleeful that it has been demonstrated at long last that bankers lie for financial gain. Perhaps the only surprise is that even the leading financial newspapers are overcome with glee.