Young Hedge Fund Managers Thursday, May 15, 2008
Posted by fmdm in Miscellaneous.trackback
Here is a chance to have a look inside Wall Street and participate to a young hedge fund manager lunch to get a feeling for where they stand on investing, life and money:
Enjoy!
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This is what has happened to capitalism. Kids playing games with paper money, and all the risk is an ‘external cost’. What happens when the $45 trillion derivatives market goes poof? You think these guys are gonna take the hit? You think that the people that take the hit think earning $2 million dollars a year is *upper* middle class?
The american dream = fuck you money?
Man that made me angry
Ed
Thanks for the comment Ed. I agree, it is quite scary…
Just looking back at this and I recently found out that the world derivative market is actually 1.14 Quadrillion !!!
Check out the article here:
Global Derivatives Market now valued at $1.14 Quadrillion!
Ed