There was a time it [WallStreet] was rugged?

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?

9 Comments
 

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.

Follow the shit your fellow monkeys say @shitWSOsays Life is hard, it's even harder when you're stupid - John Wayne

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