Young money : inside the hidden world of Wall Street's post-crash recruits
(Book)

Becoming a 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. This is the inside story of this well-guarded world. Kevin Roose, New York magazine business writer, spent more than three years shadowing eight entry-level workers at 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, but they also experience 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.--From publisher description.