Young Wall Street Traitor Joins Occupy Wall Street

[Huey P. Long]

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 fund’s founder—his boss’s boss—as 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 didn’t 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 wasn’t 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, “Wasn’t that fun?!”

This is Wall Street’s 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.

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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, it’s 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 don’t mind screwing Grandma out of her pension.

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http://sandiegofreepress.org/2012/06/young-wall-street-traitor-joins-occupy-wall-street/

[tech3149]

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]

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]

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]

4. k&r nt

[whathehell]

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]

6. Humanity thanks you people for caring. -eom

[FiveGoodMen]

7. Why traitor and not defector?

[sabrina 1]

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]

9. Once more up the flagpole.