• "Cityboy": Beer and Loathing in the Square Mile See large image

    "Cityboy": Beer and Loathing in the Square Mile (Paperback) By (author) Geraint Anderson


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    DescriptionIn this no-holds-barred, warts-and-all account of life in London's financial heartland, Cityboy breaks the Square Mile's code of silence, revealing tricks of the trade and the corrupt, murky underbelly at the heart of life in the City. Drawing on his experience as a young analyst in a major investment bank, the six-figure bonuses, monstrous egos, and the everyday culture of verbal and substance abuse that fuels the world's money markets is brutally exposed as Cityboy describes his ascent up the hierarchy of this intensely competitive and morally dubious industry, and how it almost cost him his sanity.

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    Mark Thwaite Money has always been fascinating. If you don't have it, you want it; if you have it, it would seem, you want more and more of it. Over the last decade the City of London has filled itself to the brim with Gordon Gekko clones and his nasty maxim, that "greed is good", has taken over our society. Indeed, in the square mile, greed wasn't merely good, it was godly. Your greed was in direct proportion to your ambition and to your mastery over the universe. Greed, it seems, was the only game in town.

    And what a tawdry little game it was! As Cityboy's Geraint Anderson shows in his fascinating and very funny book the macho, heavy-drinking, backslapping culture of the City has always been based on corruption (or activities that are indistinguishable from it), luck and nepotism. Anderson was a young analyst in a major investment bank, so he knows this culture well; it almost cost him his sanity. The car crash of the recent financial meltdown was an accident waiting to happen: reckless, coked-up young millionaires have never had the security of our pension funds as their foremost concerns. They wanted to get as rich as possible as quickly as possible regardless of the cost to the rest of us. And here, if you can bear it, is what that greed-fixated culture looked like from the inside. by Mark Thwaite

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