Stanford Graduate School of Business

Everyone Is Lying to You for Money: A Stanford GSB Screening and Discussion: summary

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Everyone Is Lying to You for Money: A Stanford GSB Screening and Discussion

Stanford Graduate School of Business

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Event and polling 0:00

Anat Mati opens the screening, names the Corporation Society Initiative, and explains the plan: brief remarks, live polls, Ben McKenzie’s introduction, the film, then post-film questions. She says the group includes faculty, staff, and student leaders, with Doug Gilbo helping the discussion and students Dylan and Sam involved in the work. She also notes the project began in 2017 from MBA students who wanted to discuss accountability in business and government.

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Crypto, trust, influence 4:01

Mati connects the film to her own post-crisis questions about banking claims and why truth seemed less secure. She says the topic is really about lying for money, trust, and how beliefs are formed, not just crypto. After the film clip, the polls show more people now see crypto as a scam, and the discussion turns to hype, weak regulation, uncertainty, celebrity influence, and how even smart people can be pulled into misleading stories.

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Hidden incentives and trust 18:30

People can be pulled toward ideas because money, power, and status make them seem legitimate, even when they are not. The same pressure now comes from paid influencers who look authentic, not just celebrities. That matters because you may trust a familiar face, but the real pitch may be hidden. Financial products raise the stakes, since a bad endorsement can cost you your savings, not just your taste.

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