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  • Brian shared from Young Money: Inside the Hidden World of Wall Street's Post-Crash Recruits by Kevin Roose
    If the Wall Street career path continues to break down, in other words, it may lead to a more equitable allocation of resources, in which talented, highly creative young people use their abilities for purposes other than padding an investment bank’s bottom line.
  • Brian shared from Young Money: Inside the Hidden World of Wall Street's Post-Crash Recruits by Kevin Roose
    The British economist Roger Bootle has written about the difference between creative and distributive work. Creative work, Bootle says, involves bringing something new into the world that adds to the total available to everyone—say, as a doctor who treats patients, or an artist whose sculptures decorate public parks. Whereas distributive work—which could characterize many corporate jobs, but especially those that involve intermediary functions like banking and law—only carries the possibility of beating out competitors and winning a bigger share of a fixed-size market. Bootle explains that...
  • Brian shared from Young Money: Inside the Hidden World of Wall Street's Post-Crash Recruits by Kevin Roose
    The trip had been made possible by a rule at Credit Suisse that required all employees to take a mandatory weeklong vacation every year. (Later, it was extended to two weeks.) The policy, known as “block leave,” had been instituted not to give burned-out employees a week away from the grind, but to catch traders who were engaged in irresponsible or illegal activity. By making all employees at the bank go off the grid for a week every year, the logic went, supervisors and compliance officers would have time to comb through their trading logs and computer for evidence of suspicious activity....
  • Brian shared from Young Money: Inside the Hidden World of Wall Street's Post-Crash Recruits by Kevin Roose
    he’d used it to partake in everything the city had to offer a twenty-four-year-old with discretionary income—parties, fine restaurants, and posh downtown clubs where women far too attractive for him went to mingle with men much richer than he.
    Note: To be young and guileless again
  • Brian shared from Lawrence in Arabia: War, Deceit, Imperial Folly and the Making of the Modern Middle East by Scott Anderson
    Victory carries a moral burden the vanquished never know, and as an architect of momentous events, Lawrence would be uniquely haunted by what he saw and did during the Great Loot.