Book: Young Money

Pekelo

Pekelo

http://www.amazon.com/Young-Money-Streets-Post-Crash-Recruits/dp/0446583251

"If Martin Scorsese's film The Wolf of Wall Street is about the finance industry's greediest adults, Kevin Roose's Young Money: Inside the Hidden World of Wall Street's Post-crash Recruits is a look at those wolves as cubs. The book is a surprisingly sympathetic portrait of the kids starting at Goldman Sachs, Merrill Lynch, and Credit Suisse (it's less sympathetic toward their bosses, who come across like shameless versions of the parents in Peanuts comics). These young bankers and analysts discover that while the pay is good, the hours are bad and the never-ending sense of existential dread is ugly. "

The author visiting how the 1% make fun of the rest of the world:

http://nymag.com/daily/intelligencer/2014/02/i-crashed-a-wall-street-secret-society.html
 
I suspect the real problem is that there is a kind of monopoly.
Just a shame the worldwide millions of multi-millionnaires &co are not encouraged, coached and train to open many more new banks : what is needed is far more competition that what we have now. Hopefully non-westerners might create and open many new banks and heat up a bit the competition.
 
I don't really get why WS gets so much hate. Some middle aged guys doing dumb skits doesn't sound so nefarious, it just sounds lame, but if that's how you build camaraderie among strangers, I guess that's one way to do it. A lot of people lost money in the crash and WS is an easy target.
 
You must log in or register to reply here.
Back
Top