Young Money

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Becoming a young Wall Street banker is like pledging the world s most lucrative and soul crushing fraternity 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 MONEY is the inside story of this well guarded world Kevin Roose, New York magazine business writer and author of the critically acclaimed The Unlikely Disciple, spent than three years shadowing eight entry level workers at Goldman Sachs, Bank of America Merrill Lynch, and other leading investment firms Roose chronicled their triumphs and disappointments, their million dollar trades and runaway Excel spreadsheets, and got an unprecedented and unauthorized glimpse of the financial world s initiation process.Roose s young bankers are exposed to the exhausting workloads, huge bonuses, and recreational drugs that have always characterized Wall Street life But they experience something new, too an industry forever changed by the massive financial collapse of 2008 And as they get their Wall Street educations, they face hard questions about morality, prestige, and the value of their work.YOUNG MONEY is than an expos of excess it s the story of how the financial crisis changed a generation and remade Wall Street from the bottom up. Free Download eBook Young Money Author Kevin Roose – kino-fada.fr This was an honest account of what its like to work on Wall Street, but not just as an I Banker I represented banks out there and my life was very similar.I thought it was going to besalacious a la Michael Lewis , but it actually was a very honest account His thesis is gee, isn t it unfortunate that our best and brightest are going into investment banking when they could be doing something productive and this is a problem because when the ivy league ...OK, I read this on impulseit was positively reviewed in The Week It s a quick read and somewhat fun if you want to take a trip back to your post collegiate years.My husband has worked in finance since his late 20 s He now supervises and trains many 20 something analysts, really enjoys it, but is surprised by generational differencesbut I digress.Young Money can t seem to find its central argument or even a theme Is this a book about finance or a book about being a young person and how p OK, I read this on impulseit was positively reviewed in The Week It s a quick read and somewhat fun if you want to take a trip back to your post collegiate years.My husband has worked in finance since his late 20 s He now supervises and trains many 20 something analysts, really enjoys it, but is surprised by generational differencesbut I digress.Young Money can t seem to find its central...It s very hard to feel much pity for anyone who s roughly my peer I m 27 whose yearly bonus is 20,000 Harder still when that 20,000 or even 10,000 is a disappointment, because it means they re nearer to the bottom of the barrel However, it becomes a little easier when Roose makes clear the trade that these young financiers are making in order to get those salaries at such a young age Money goes from being something that is infrequently discussed to being the primary subtext to everyd It s very hard to feel much pity for anyone who s roughly my peer I m 27 whose yearly bonus is 20,000 Harder still when that 20,000 or even 10,000 is a disappointment, because it means they re nearer to the bottom of the barrel However, it becomes a little easier when Roose makes clear the trade that these youn...Dark and sometimes very surprising, Young Money is a close look at the cutthroat world of Wall Street business and those who fall into it.fun, with some gem anecdotes, but very superficial worth reading if you like me loved liar s poker, or also like me have just moved to NYC, lured by gobs of money, and need to make sure you look around now and again you certainly won t learn anything about banking or finance.Bottom Line Young Money does not offer an in depth description of the financial services industry or a grand explanation for its failings Rather, it is a light and breezy look at the impact of the finance culture on the lives of eight young people.For three years New York s Kevin Roose followed the careers of eight young Wall Street workers to research Young Money Released last month, the book is many things a look at the culture of Wall Street through the eyes of those at the bottom, an exp Bottom Line Young Money does not offer an in depth description of the financial services industry or a grand explanation for its failings Rather, it is a light and breezy look at the impact of the finance culture on the lives of eight young people.For three years New York s Kevin Roose followed the careers of eight young Wall Street workers to research Young Money Released last month, the book is many things a look at the culture of Wall Street through the eyes of those at the bottom, an exploration into the decline of the industry s esteem, and an 8 person character study It isn t however a new Liar s Poker.It is a lazy clich to compare any book remotely critical of Wall Street to Michael Lewis 1989 classic Poker tells the story of an industry on crazy pills and absolutely shreds it After majoring in...I read this book because it has been the subject of healthy discussion in the lunchroom since its publication I enjoyed the read, mainly because it was something different In light of the media blitz around its publication, little needs mentioning about the plot, except to say that, as the adage goes, money does not buy happiness, health, or true wealth I think the book read too much like a Vanity Fair expose, so I m not sure this one can be measured on any literary scale Young Money should I read this book because it has been the subject of healthy discussion in the lunchroom since its publication I enjoyed the read, mainly because it was something different In light of the media blitz around its publication, little needs mentioning about the plot, except to say that, as the adage goes, money does not buy happiness, health, or true wealth I think the book read too much like a Vanity Fair expose, s...And people wonder why I quit working for Wells FargoYoung Money is a fly on the wall account of a handful of young bankers just out of college who found jobs working on Wall Street around 2010 Kevin Roose convinced a few anonymous employees of such august institutions as Goldman Sachs and Bank of America to sit for interviews so that he could present this account of Wall Street following the financial devastation and drop in status that came with the Global Financial Crisis of 2008 He supplements the personal narratives with thorough research Young Money is a fly on the wall account of a handful of young bankers just out of college who found jobs working on Wall Street around 2010 Kevin Roose convinced a few anonymous employees of such august institutions as Goldman Sachs and Bank of America to sit for interviews so that he could present this account of Wall Street following the financial devastation and drop in status that came with the Global Financial Crisis of 2008 He supplements the personal narratives with thorough research on the way that Ivy League colleges feed Wall Street, typical career paths on Wall Street, and some reporting on things like a secretive Wall Street fraternity and a dating event organized around bankers and models His subjects let Roose in on their private thoughts regarding their jobs, many of which seem to have been near accidental career choices, r...Entertaining read Finished it in 2 settings.

Young Money
  • English
  • 27 June 2017
  • Hardcover
  • 336 pages
  • 0446583251
  • Kevin Roose
  • Young Money