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In highly entertaining and impressive fashion, New York magazine business writer Roose (The Unlikely Disciple) shadows eight young, ambitious college graduates from various walks of life as they embark on careers as Wall Street analysts. In the three years that Roose follows and befriends Arjun, Chelsea, Derrick, Jeremy, Samson, Richardo, Soo-jin, and J.P., their bright-eyed enthusiasm gives way to exhaustion, struggles with abusive environments and bosses, suicidal thoughts, and disillusionment with the world of finance. Roose's vivid prose brings these stories to life as his subjects forge their way in the adult world of high finance and life in New York City, navigating workloads, relationships, sex, booze and drugs, the meaning of life, and their conflicting desires for security, prestige, money, intellectual stimulation, and purpose. Through Roose's intimate portraits, readers see not only a snapshot of "millennial" life in this privileged sector, but also an industry in transformation since the 2008 financial collapse. Roose's captivating read is sure to appeal to readers young and old who are interested in the zeitgeist of Wall Street since the crash. Agent: Sloan Harris and Kari Stewart, ICM. (Feb.) (c) Copyright PWxyz, LLC. All rights reserved.
From Booklist, Copyright © American Library Association. Used with permission.
Roose, a financial journalist and author, offers a compelling glimpse of Wall Street in the post-2008 recession era as he shadows eight first- and second-year entry-level analysts at leading investment firms. All college graduates in their early twenties, they give him unauthorized access to their own experiences and lives in return for absolute anonymity. We learn about their big bonuses and lifestyles along with 100-hour work weeks. Roose is quoted, Their offices are covered in moldy takeout containers . . . . They dress in whatever is left in the clean laundry bag . . . and haven't seen sunlight in two months. The author discovers the toll the 2008 recession has taken on Wall Street, shrinking it significantly with lost jobs, and he also cites emerging competition for recruits from the growing technology industry. Overall values in this generation may be changing, too, as a student and potential Wall Street recruit said, Everyone wants to make money. But when I'm working in the place, I want to know that I'm doing some good. A thought-provoking, excellent book.--Whaley, Mary Copyright 2010 Booklist