How Wall Street Is Infected With Mona Lisa Syndrome

Sep 10, 2012

To see how How Wall Street Is Infected With Mona Lisa Syndrome, first Mona Lisa, the painting by Leonardo da Vinci, begun in 1503 or 1504 in Florence, Italy, thought by many to be "the best known, the most visited, the most written about, the most sung about, the most parodied work of art in the world."^[1]

^Source

Second, the Mona Lisa Syndrome is a serious contagion spread by press and market reports for the purpose of generating market volatility and volume that makes good news look better than it really is and bad news worse than it really is.

The Mona Lisa Syndrome is like romantic infatuation — you paint the picture of her (or him) at first infatuation, and the person NEVER really is what you first painted, always worse — and so is their picture of you :)

The Mona Lisa Syndrome is also like the Bad Baggage Syndrome — you get home from buying groceries and find out someone gave you the wrong bag of groceries, and you can't take it back.

At Least One Person Agrees

SEPTEMBER 14, 2012

BY SHAH GILANI, Capital Wave Strategist, Money Morning

Wall Street is a "protected" operation. Protected means cops are aware of illegal activity, but are paid off to look the other way and even protect businesses from potential harm.... > more

And so does the WSJ

Wall Street mostly wins.... the hold Wall Street has on Washington and the money it lavishes on politicians .... > more

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