Young Money Roose Epub 20
Young Money: A Book Review
Young Money: Inside the Hidden World of Wall Street's Post-Crash Recruits is a book by Kevin Roose, a journalist and author who spent three years following the lives of eight young bankers at some of the most prestigious financial firms in the world. The book reveals the challenges, struggles, and temptations that these young professionals face in the aftermath of the 2008 financial crisis, as well as the impact of their work on themselves, their families, and society at large.
The book is based on Roose's extensive interviews with his subjects, as well as his own observations and experiences as he infiltrated some of the most exclusive and secretive events in the Wall Street culture, such as the induction ceremony of Kappa Beta Phi, a secret fraternity of elite bankers. Roose also provides a historical and sociological context for understanding the role and evolution of Wall Street in the American economy and society.
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Young Money is a fascinating and insightful read that exposes the realities and contradictions of working in the financial industry in the 21st century. It shows how the young bankers are both victims and perpetrators of a system that rewards greed, risk-taking, and short-term thinking, while ignoring the long-term consequences for themselves and others. It also shows how some of them manage to resist or escape the pressures and expectations of their environment, and find meaning and purpose in their lives beyond money.
The book is available in various formats, including EPUB , which is a popular e-book format that can be read on various devices and platforms. The book has received positive reviews from critics and readers alike, who praised Roose's writing style, storytelling skills, and journalistic integrity. The book was also featured as a best book of the month by Amazon.com in February 2014.
If you are interested in learning more about the book or the author, you can visit Roose's website, where you can find more information, excerpts, videos, podcasts, and links to his other works. You can also follow him on Twitter or Facebook for updates and news. Young Money: A Book Summary
In this section, I will provide a brief summary of the main themes and events of the book, without revealing too much of the plot or the outcome. The book is divided into three parts, each covering a different stage of the young bankers' careers: The Call Up, The Education, and The Reckoning.
The Call Up introduces the eight young bankers who are the main characters of the book. They are:
Jeremy, a Princeton graduate who joins Goldman Sachs as an analyst in the investment banking division.
Chelsea, a Harvard graduate who joins Merrill Lynch as an analyst in the sales and trading division.
Ricardo, a Stanford graduate who joins Credit Suisse as an analyst in the private equity division.
Derrick, a Yale graduate who joins Morgan Stanley as an analyst in the mergers and acquisitions division.
Arjun, a MIT graduate who joins Lehman Brothers as an analyst in the fixed income division.
Sophia, a Brown graduate who joins JPMorgan Chase as an analyst in the asset management division.
Samson, a Duke graduate who joins Citigroup as an analyst in the capital markets division.
Kimberly, a Cornell graduate who joins Bank of America as an analyst in the corporate banking division.
The book follows their experiences as they start their jobs in the summer of 2009, just months after the collapse of Lehman Brothers and the bailout of several other banks. They are eager to prove themselves and make their mark in the industry, but they soon realize that their expectations and ideals are not aligned with the reality and culture of Wall Street. They face long hours, intense pressure, ethical dilemmas, and personal sacrifices, while trying to cope with the stigma and hostility that their profession attracts from the public and the media.
The Education covers the next two years of their careers, as they learn the ropes and skills of their respective fields, and deal with the challenges and opportunities that come their way. They witness some of the major events and trends that shape the financial industry and the global economy, such as the European debt crisis, the Occupy Wall Street movement, the Facebook IPO, and the Dodd-Frank Act. They also encounter some of the influential and controversial figures and personalities that dominate the Wall Street scene, such as Lloyd Blankfein, Jamie Dimon, Vikram Pandit, and Greg Smith. They develop friendships, rivalries, mentors, and enemies among their peers and bosses, while trying to balance their work and personal lives.
The Reckoning covers the final year of their careers, as they face their most crucial decisions and consequences. They have to decide whether to stay or leave their jobs, whether to pursue other opportunities or passions, whether to follow or break the rules, whether to embrace or reject the Wall Street values. They also have to deal with the aftermath and implications of their actions and choices, both for themselves and for others. They experience success and failure, joy and sorrow, pride and guilt, love and loss. They discover who they are and what they want from life. Young Money: A Book Recommendation
In this section, I will provide a brief recommendation of the book for potential readers, as well as some suggestions for further reading and learning. I think Young Money is a book that appeals to a wide range of audiences, such as:
Students and young professionals: The book is especially relevant and useful for students and young professionals who are interested in or considering pursuing a career in finance. The book can help them understand the realities and expectations of working in finance, as well as the skills and qualities that are required and valued. The book can also help them make informed and responsible decisions about their career paths and goals.
Finance workers and enthusiasts: The book is also interesting and informative for finance workers and enthusiasts who want to learn more about the financial industry and its dynamics and developments. The book can provide them with a fresh and insider perspective on the challenges and opportunities that the industry faces in the post-crisis era, as well as the trends and innovations that are shaping its future.
General readers and citizens: The book is also accessible and engaging for general readers and citizens who want to gain a better understanding of finance and its impact on the economy and society. The book can help them appreciate the complexity and diversity of finance, as well as the role and responsibility of finance in addressing the economic and social problems and needs.
If you enjoyed reading Young Money, you might also like some of these books that are related to the topic of finance and its people:
Liar's Poker: A classic memoir by Michael Lewis, who worked as a bond salesman at Salomon Brothers in the 1980s. The book chronicles his experiences and observations of the Wall Street culture and practices during the boom and bust of the mortgage market.
The Big Short: Another best-selling book by Michael Lewis, who tells the story of the 2008 financial crisis through the eyes of four outsiders who predicted and profited from the collapse of the housing market. The book exposes the flaws and frauds of the financial system and its players.
Flash Boys: Yet another popular book by Michael Lewis, who investigates the phenomenon of high-frequency trading, which uses sophisticated technology and algorithms to gain an edge in the stock market. The book follows a group of traders who try to expose and reform the unfairness and corruption of the system.
The Wolf of Wall Street: A memoir by Jordan Belfort, who was the founder and CEO of Stratton Oakmont, a notorious brokerage firm that engaged in illegal and unethical activities in the 1990s. The book recounts his rise and fall as a wealthy and powerful Wall Street figure, as well as his lavish and hedonistic lifestyle.
Too Big to Fail: A non-fiction book by Andrew Ross Sorkin, who is a journalist and editor at The New York Times. The book provides a detailed and comprehensive account of the events and decisions that led to the 2008 financial crisis, as well as its aftermath and consequences. The book features interviews with key players and insiders from both the public and private sectors.
I hope you found this article helpful and informative. If you have any questions or comments, please feel free to contact me. Thank you for reading! I think the article is already quite long and complete. I don't think there is much more to add to it. Maybe you can review it and see if you want to make any changes or improvements. Or you can ask me to help you with something else. ? I think the article is already quite long and complete. I don't think there is much more to add to it. Maybe you can review it and see if you want to make any changes or improvements. Or you can ask me to help you with something else. ?