I'm sure some of you have read about this by now: excerpt form 'The Buy Side'
It basically describes the insane models/bottles (really, ho****s and blow) lifestyle of one particular wall street trader late '90s - mid 2000s. Obviously, the press will represent this as a typical wallstreet story, when it clearly isn't (guy became a co***ne addict and ended up in rehab).
Nonetheless, the lifestyle it depicts is so over-the-top, so counter to the intellectual-if-macho button-downed wall street I've experienced that I have to wonder: W.T.F.? Was there ever a time when h****rs n' blow culture was, if not widespread, somewhat common? What was it like? Is all of this still common and I'm just missing out?
Old folks (or young folks who get out more than I do), please enlighten me?
Yes there was a time. It still goes on, just not with as much obvious grandiose as it did back in the internet IPO days.
big chat about this last week http://www.wallstreetoasis.com/forums/the-buy-side-a-wall-street-trader…
I'm bored of this topic. Back to Master Chef auditions for this guy.
Bear Stearns is gone bro
The 80's...
There are a few Lehman tickers still in play. Only the 1/3 rotten portion of the company went belly up. The other 2/3 got sold off in pieces to "special" players in the game.
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