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What I saw when I crashed a Wall Street secret society.....
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Informed1:MV8yNDg3NDQ5XzQyODg5MzcyX0E3OTNENzgy] [quote:PirateMonkey:MV8yNDg3NDQ5XzQyODg5MzM5XzU0MkRDQjBF] "...Once we made it to the lobby, Ross and Lebenthal reassured me that what I’d just seen wasn’t really a group of wealthy and powerful financiers making homophobic jokes, making light of the financial crisis, and bragging about their business conquests at Main Street’s expense. No, it was just a group of friends who came together to roast each other in a benign and self-deprecating manner. Nothing to see here. But the extent of their worry wasn’t made clear until Ross offered himself up as a source for future stories in exchange for my cooperation. “I’ll pick up the phone anytime, get you any help you need,” he said. “Yeah, the people in this group could be very helpful,” Lebenthal chimed in. “If you could just keep their privacy in mind.” I wasn’t going to be bribed off my story, but I understood their panic. Here, after all, was a group that included many of the executives whose firms had collectively wrecked the global economy in 2008 and 2009. And they were laughing off the entire disaster in private, as if it were a long-forgotten lark. (Or worse, sing about it — one of the last skits of the night was a self-congratulatory parody of ABBA’s “Dancing Queen,” called “Bailout King.”) These were activities that amounted to a gigantic middle finger to Main Street and that, if made public, could end careers and damage very public reputations..." Pretty interesting report. [/quote] [b]"reassured me that what I’d just seen wasn’t really a group of wealthy and powerful financiers making homophobic jokes, making light of the financial crisis, and bragging about their business conquests at Main Street’s expense"[/b] Riiiiiight. Good to know that the journalist kept his oath and went through with that article instead of taking the offer. [/quote]
This story is linked up on drudge. Just shows how out of touch the 1% are with the rest of us and exactly what they think of us.
link to nymag.com
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