Young Money

Young Money

Author: Kevin Roose

Publisher: Grand Central Publishing

Published: 2014-02-18

Total Pages: 266

ISBN-13: 1455572322

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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 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.


Young America

Young America

Author: Edward L. Widmer

Publisher: Oxford University Press, USA

Published: 2000

Total Pages: 305

ISBN-13: 0195140621

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This fascinating study examines the meteoric career of a vigorous intellectual movement rising out of the Age of Jackson. As Americans argued over their destiny in the decades preceding the Civil War, an outspoken new generation of "ultra-democratic" writers entered the fray, staking out positions on politics, literature, art, and any other territory they could annex. They called themselves Young America--and they proclaimed a "Manifest Destiny" to push back frontiers in every category of achievement. Their swagger found a natural home in New York City, already bursting at the seams and ready to take on the world. Young America's mouthpiece was the Democratic Review, a highly influential magazine funded by the Democratic Party and edited by the brash and charismatic John O'Sullivan. The Review offered a fresh voice in political journalism, and sponsored young writers like Hawthorne and Whitman early in their careers. Melville, too, was influenced by Young America, and provided a running commentary on its many excesses. Despite brilliant promise, the movement fell apart in the 1850s, leaving its original leaders troubled over the darker destiny they had ushered in. Their ambitious generation had failed to rewrite history as promised. Instead, their perpetual agitation helped set the stage for the Civil War. Young America: The Flowering of Democracy in New York City is without question the most complete examination of this captivating and original movement. It also provides the first published biography of its leader, John O'Sullivan, one of America's great rhetoricians. Edward L. Widmer enriches his unique volume by offering a new theory of Manifest Destiny as part of a broader movement of intellectual expansion in nineteenth-century America.