Status Updates From Watchmen

If there was one missed opportunity Watchmen had, I think, it was that it didn't really delve into the mindset of the villains. You had some heroes that were a bit out there at best, outright sociopaths like Comedian at worst, but the villains were played entirely straight. Just run-of-the-mill crooks. Could've looked a bit more into them too. What kind of a person openly styles themselves as a bad guy?