Young Money: Inside the Hidden World of Wall Street's Post-Crash Recruits
| Author | : | |
| Rating | : | 4.50 (879 Votes) |
| Asin | : | 044658326X |
| Format Type | : | paperback |
| Number of Pages | : | 336 Pages |
| Publish Date | : | 2013-09-13 |
| Language | : | English |
DESCRIPTION:
Intriguing Anecdotes from Millenial Wall Street The author pens sweeping tale on post-2008 Wall Street, focusing on the work & lives of 8 recent hires to top banks. Kevin Roose of the New York Times charts these young people's career growth as they take on one of America's most reviled and formidable industries only years after the financial crisis.The author claims to be intrigued by these young people, but often colors his work with revulsion towards the big banks, his subjects' employers, for their role in the financial crisis. The author remains generally objective in evaluating his subjects and their stories ar. Junior Investment Banker's Roadmap This book delivers on what it sets out to do. If you are interested in the financiers of the world no matter your contempt for them or because you want to be one of them, this book is a must read. It gives you inside perspective of some junior level employees who battle opitmisim through financial stability and distress due to the type of job and and ironically job stability. Pick it up, if you really want to understand what it takes or how people manage or put through other people's s*** to become one of the high flying financiers you imagine when you hear or read of . you'll appreciate and like this book Liptak Adam If you ever worked in this or similar environment, you'll appreciate and like this book.
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. But perhaps the great irony of the crash of 2008 is that even as it eroded the industry's reputation in the minds of college students, the job market it decimated left those graduates very few employment options. Despite their hesitations, many scared twentysomethings entered the finance sector, as one of the few institutions that was still hiring. Roose suspects that banks attract "confused, insecure college seniors, who are smart and capable in a general, all-purpose way, but aren't phenomenally talented at any one thing." Most of the eight workers Roose follows end up burning out or quitting; the
Kevin Roose, New York magazine business writer and author of the critically acclaimed The Unlikely Disciple, spent more than three years shadowing eight entry-level workers at Goldman Sachs, Bank of America Merrill Lynch, and other leading investment firms. Every year, thousands of eager college graduates are hired by the world's financial giants, where they're taught the secrets of making obscene amounts of money-- as well as how to dress, talk, date, drink, and schmooze like real financiers.YOUNG MONEYInside the Hidden World of Wall Street's Post-Crash RecruitsYOUNG MONEY is the inside story of this well-guarded world. Roose chronicled their triumphs and disappointments, their million-dollar trades and runaway Excel spreadsheets