Fraud is good!

Received a piece of puffery from a business consultancy, telling me that fraud has to be expected in a percentage of all business transactions. This, they reckon, is a good sign, as it means we are now recognising the inevitability of fraud in business and can work with clients to address the issue (using, of course, the flummery only they could provide...) I countered this by reminding the sender that 'greed is good' has now become hackneyed, but they came back to say that ethically businesses have to allow for fraud in their planning and negotiations. At this point, I had to admit finding their enthusiasm and acceptance of fraud to be a profoundly depressing comment on the state of business and commercial life. How can something that causes misery and harm be acceptable in the shiny world of corporate piffle and froth?