Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsYoung Wall Street Traitor Joins Occupy Wall Street
Young Wall Street Traitor Joins Occupy Wall Street
by Source on June 19, 2012
Alexis Goldstein recounted how they talk about FU money on Wall St. That was when you had
so much money that you could say Fuck You to anybody and not have there be any consequences. You are above everything and are immune from the world.
At one point in my career, I was being recruited by a hedge fund. During the recruitment process, one of my interviewers frankly described the funds founderhis bosss bossas a spoiled brat billionaire. My interviewer related a story about a meeting between the hedge fund and an executive at a company the fund wanted to work with. At one point, the visiting executive made statements the fund founder didnt like. The founder turned to the visitor and said, So, you came here just to try and fuck me over? The visitor quickly stormed out in a rage. But the founder wasnt satisfied just yet. He followed the man out of the room, into the elevator, shouted the entire ride down, and then yelled at him in the lobby until he finally left the building. When the founder came back upstairs to greet his shaken employees, he said, invigorated and beaming, Wasnt that fun?!
This is Wall Streets equivalent of the American Dream: to earn enough money so that you can behave in a way that makes the very existence of other people irrelevant.
-
She talks about a culture of admiring cheaters. If you do something against regulations and you only get caught once and pay a small fine, its worth it because the end goal is to make money no matter how. Wall Street exemplifies an ethic of profits at any cost. Finally, Goldstein said to herself, I dont know if I can stay here and still be an ethical person. So the ones who end up remaining on Wall Street are the ones who have the least ethical scruples, the ones like the Enron traders of a decade ago who dont mind screwing Grandma out of her pension.
-
full-
http://sandiegofreepress.org/2012/06/young-wall-street-traitor-joins-occupy-wall-street/
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
9 replies, 2029 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (27)
ReplyReply to this post
9 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Young Wall Street Traitor Joins Occupy Wall Street (Original Post)
Huey P. Long
Jun 2012
OP
tech3149
(4,452 posts)1. I love Alexis
She has been so great on Up with Chris Hayes I had to twitter kudos for bringing up the JOBS act. If I were thirty years younger I'd love to buy her a drink and discuss the worlds problems.
CTyankee
(63,912 posts)2. I thank god for her and for Hayes for bringing her on his show and
giving her a much deserved spotlight. She knows her Wall St. sh*t...
Egalitarian Thug
(12,448 posts)3. K&R It's always nice when these facts are put on display.
Of course they are soon forgotten and then later their very existence denied, but for the moment, good on her.
steve2470
(37,457 posts)4. k&r nt
whathehell
(29,067 posts)5. Brava for Alexis, the good traitor!
a young American with soul, guts, and humane values!
I would bet her parents are proud of her, and If they're not, they should be
I'm sure she has PLENTY to tell us!
Huey P. Long
(1,932 posts)6. Humanity thanks you people for caring. -eom
FiveGoodMen
(20,018 posts)7. Why traitor and not defector?
sabrina 1
(62,325 posts)8. I think it was meant to be sarcastic. She is a traitor to Wall Street, which is a good thing.
And worse, she joined Wall Street's nemesis. But in reality you are correct, she defected and came over to the good side.
Huey P. Long
(1,932 posts)9. Once more up the flagpole.