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Saturday, March 22, 2014

Kevin Roose on Wall Street's Young Money

Most of us only know the world of banking, investing, and high finance from movies like "Wall Street, "Boiler Room," and "The Wolf Of Wall Street" -- not to mention the bad taste still in our mouth from the execs at the too-big-to-fail companies that drove us into our current financial crisis and were never punished for it.

In his new book, "Young Money," Kevin Roose offers a different perspective by following eight Wall Street newbies, the people at the bottom of the financial food chain. When he joined me today on America Weekend, I asked him:
  • Did they get into the business with huge dollar signs in their eyes?
  • Did they get to live the Wolf Of Wall Street lifestyle or get chewed up and spit out?
  • How do Wall Street firms treat women and people of color?
  • How were they perceived by friends outside Wall Street?
We also talked about the one-percent-of-the-one-percenters who attend the secret Kappa Beta Phi dinner -– the very people who ruined our economy, who spent the evening laughing at the rest of us.

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