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OneGrassRoot

(22,920 posts)
Fri Jun 7, 2013, 09:10 AM Jun 2013

Your thoughts?

I'm conflicted about this for various reasons, on several levels. Curious to know what others here think.


The young professionals who believe their best chance at trying to save the world is by joining Wall Street and making millions


Jason Trigg, a 26-year-old software programmer, graduated with top honors from the vaunted Massachusetts Institute of Technology. His education and skills mean he could work nearly anywhere.

He chooses to work on Wall Street, earning six figures designing software for a high-frequency trading firm. There, his earning potential is all but unlimited.

Trigg's life goal is to earn as much money as he possibly can, but it's not so he can buy expensive cars, luxury homes and designer clothing.

He wants to save the world and he believes that the more money he makes, the more good he can do.


Read more: http://www.dailymail.co.uk/news/article-2334682/Young-professionals-joining-Wall-Street-save-world.html#ixzz2VXGdMPvA


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Your thoughts? (Original Post) OneGrassRoot Jun 2013 OP
Contributing to HFT is an interesting vehicle for delivering world savings. BenzoDia Jun 2013 #1
That is one way to do it Awknid Jun 2013 #2
He's kidding himself. Bonhomme Richard Jun 2013 #3
That's part of what bothers me. OneGrassRoot Jun 2013 #4
has the guy defined exactly when enough is "enough"? Javaman Jun 2013 #5

Awknid

(381 posts)
2. That is one way to do it
Fri Jun 7, 2013, 09:14 AM
Jun 2013

if he still feels like saving the world after 10-20 years on Wall St. W'ell see. Certainly a safe way for him.

Bonhomme Richard

(9,000 posts)
3. He's kidding himself.
Fri Jun 7, 2013, 09:35 AM
Jun 2013

Or he is trying to pacify his conscience.
Money is a drug. The more you get the more you want.
At best, he will give donations to a few charities and convince himself he is doing the world a service.
As you can tell I am a bit cynical.

OneGrassRoot

(22,920 posts)
4. That's part of what bothers me.
Fri Jun 7, 2013, 09:46 AM
Jun 2013

Their intentions may be good, and while I am not someone who believes the worst of humanity in general, there are certain environments in which greed seems to naturally take over. Wall Street is one of those environments.

The other thing that bothers me is that they are perpetuating one of the systems that is destroying everything (again, Wall Street). I don't see them having a desire to change that system from within; their focus is to make as much money as possible and try to do good with it.

That's perpetuating the system.

It's like (knowingly and intentionally) treating a huge, gaping wound with a small Band-Aid.

Javaman

(62,526 posts)
5. has the guy defined exactly when enough is "enough"?
Fri Jun 7, 2013, 11:09 AM
Jun 2013

and that is the problem.

opened ended goals are just that, they are never completed.

while his original idea is somewhat admirable, the path to which he achieves his goal is suspect.

perhaps, the cult of wallstreet won't suck him in, but I doubt that.

many on wall street still claim they didn't need the bail out and that they were the ones that "saved us all".

they do a lot of justifying for the evil they perpetrate.

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