All hail old money. Wall streets value of entertainment

[Gerald Paris]

http://nymag.com/daily/intelligencer...t-society.html

Wall streets value of entertainment is egregious to say the least. And I say that without the information presented in this article. IF the information in this article is true or false is not the point. I urge you to consider the information here as though it were. and think about the implications. These people are monsters. we have humans suffering and these people act like this. monsters.


What can or will be done about this?

nothing, because there is nothing we can do. except read about it.

[TargeT]

Go watch the wolf of wallstreet, that's based on a true story also...


pretty well underlines the difference in life style between the "haves" and "have nots".

[GlassSteagallfan]

Posted by TargeT (here)
Go watch the wolf of wallstreet, that's based on a true story also...

Now-a-days, the Wall Streeters only go to jail in the movies.

[Corncrake]

Thanks for posting. I read an article on Mother Jones promoting the extract last week but forgot to follow up. Having watched the Wolf of Wall Street recently yet again I feel nauseated by the schoolboy hedonism. I wondered how many people would actually see it as something to aspire to. Liar's Poker and the Big Short are informative and relatively easy reads on the same subject. I also read last year The Asylum by Leah McGrath Goodman on the New York Mercantile Exchange. This practice of 'hazing' goes on there too. She writes of rookie energy traders being made to swim amongst the ice in the Hudson River for having lost a poker game. The way they handled their punishment often determined how well they got paid when trading in the pits!