Young Money: Inside the Hidden World of Wall Street's Post-Crash Recruits

Young Money: Inside the Hidden World of Wall Street's Post-Crash Recruits

Hardback

By (author) Kevin Roose

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  • Publisher: Little, Brown & Company
  • Format: Hardback | 336 pages
  • Dimensions: 163mm x 236mm x 36mm | 567g
  • Publication date: 18 February 2014
  • ISBN 10: 0446583251
  • ISBN 13: 9780446583251
  • Edition statement: New.
  • Sales rank: 91,292

Product description

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 Inside the Hidden World of Wall Street's Post-Crash Recruits 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 more 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 more than an expose of excess; it's the story of how the financial crisis changed a generation-and remade Wall Street from the bottom up."

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Author information

Kevin Roose is a business and technology writer for New York magazine and NYMag.com. Previously, he was a staff reporter for the New York Times, where he covered Wall Street for the business section and for DealBook, the Times' award-winning financial news site. He is the author of The Unlikely Disciple, and his writing has appeared in GQ, Esquire, ESPN: The Magazine, and other major publications. More info on Kevin can be found at www.kevinroose.com or you can follow him on Twitter: @kevinroose.

Review quote

Praise for The Unlikely Disciple "[A] vivid, sunny, and skeptical portrait of life among the saved." --The "New York Times Book Review" "What makes THE UNLIKELY DISCIPLE remarkable is that it doesn't take the cheap shot or make the easy joke . . . never anything but fair." --The Daily Beast "Very funny . . . I loved this book." --Gretchen Rubin, Slate "Well-written, thoughtful, and surprisingly three-dimensional . . . The charm and emotional heft of Roose's book lies in his honesty. . . a refreshing cease-fire in the wearying culture wars, likely holding surprises for anyone-theist, atheist, or somewhere in between." --A.V. Club, "The Onion"